MaxCap Group’s flagship commercial real estate debt vehicle, the MaxCap Investment Trust (MIT), has reached $1 billion in funds under management, a milestone reflecting broad-based adoption from pension funds, insurance companies, wealth management groups and family offices.The milestone comes as MIT’s First Mortgage Fund recently secured a A$75 million ($49 million) investment from Apollo-managed funds or accounts, alongside an investment-grade rating from leading Australian research house Lonsec within two years of MIT’s inception.
“MIT’s product attributes are based solely on direct investor feedback – most notably consistent monthly liquidity, reliable distributions and portfolio diversification with strong downside protection,” said Wayne Lasky, executive chairman and co-founder of MaxCap Group. “As MIT continues on its strong growth trajectory, we expect increasing institutional engagement, as investors continue to seek strategies that can provide divers