SL Green Realty Corp. has announced that a Canadian institutional investor has committed to anchor the SLG Opportunistic Debt Fund with a $250 million commitment. The investor has been ranked among the world’s largest institutional investors that manages public and parapublic pension plans and insurance programs.
“A world-class investor and the ideal anchor has been secured for the SLG Opportunistic Debt Fund,” said Harrison Sitomer, CIO at SL Green. “We look forward to deploying SL Green’s fully integrated platform and New York market expertise to capitalize on a robust pipeline of investment opportunities at attractive risk-adjusted returns. We appreciate our anchor partner’s support and are excited to welcome additional best-in-class investors to the fund in the coming weeks.”
The SLG Opportunistic Debt Fund, which launched earlier this year, will seek to capitalize on current capital markets dislocation through structured debt investments in high-qual