Investcorp launches $1bn real estate credit fund
Bahrain: Tuesday, September 23 - 2008 at 10:37
Bahrain-based alternative asset management firm Investcorp has raised $1bn to invest in real estate credit in the United States. The Investcorp Real Estate Credit Fund will acquire whole loans, mezzanine loans, and commercial mortgage-backed securities collateralised by well performing commercial and residential real estate assets throughout the US, according to a press statement.
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Jeff Florian, Senior ReporterTuesday, September 23 - 2008 at 10:37 UAE local time (GMT+4)
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