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Investment opportunities for real estate debt in the US appear to remain strong.
The firm has received a commitment from the Texas Municipal Retirement System.
The Dallas-based firm is raising its latest fund in a series that focuses on private equity control investments, corporate and consumer debt, real estate and real estate debt.
Colony NorthStar has collected a total of $1.3 billion for its fourth real estate debt fund, Colony Distressed Credit & Special Situations Fund IV, Real Estate Capital's sister title PERE has learned.