MaxCap has secured a new $400 million mandate with APG, on behalf of its Dutch pension fund clients, further deepening the firms’ long-term partnership.
The new discretionary mandate will continue targeting first-mortgage loans across all real estate sectors, with a primary focus on the living sector while retaining flexibility to invest across other sectors and throughout the property lifecycle.
“Our partnership with APG has grown from a strong foundation of shared values — disciplined credit underwriting, rigorous governance and a genuine commitment to delivering strong risk-adjusted returns. Together, we have successfully implemented two high-performing closed-end mandates,” said Wayne Lasky, executive chairman of MaxCap. “This latest commitment represents the next phase of the APG-MaxCap partnership and reflects the trust we have built together over seven years. The expanded scope represents a natural evolution of that partnership, where we look forward t
