BF.capital GmbH, an investment house for institutional investors in the private debt segment, has started its fundraising drive for another real estate debt fund. The fund, called BF.capital Real Estate Debt Fund II, aims for a target volume of €300 million ($328 million) or more. The average distribution target is approximately 6 percent, as is the net return. Structured as a Luxembourg SICAV-RAIF, the fund has an eight-year term, plus two renewal options of one year each. The fund is aimed at institutional investors and requires a minimum investment amount of €5 million ($5.5 million). It is classified as an Article 8 fund according to the European Union’s Sustainable Finance Disclosure Regulation (SFDR).
The fund will invest exclusively in whole loans or senior loans. At least 80 percent of the fund volume will go toward loans for standing properties with value-added potential. “Here, we are targeting mainly manage-to-core or manage-to-green investments, e.g., b
