Affinius Capital

The credit manager is looking to build out its portfolio in the space to complement its primary value-add strategy.

Once more of a rarity in fundraising, rolling first closes are increasingly becoming a make-or-break factor for managers during a difficult capital-raising environment.

The Chicago-based manager’s latest equity haul for its ninth US opportunistic vehicle comes three months after an initial close in June.

The manager has avoided the top film hubs for its entry into the content production sector, opting instead to plant its flag in Chicago, Toronto and Berlin.

The partners, along with an unnamed sovereign wealth fund, have already committed $500m to a joint venture to buy and build rentable production space.

As streaming platforms race to produce original content, surging demand for sound stage space has boosted the sector’s appeal to institutional capital.

PERE's ranking of the world's largest real estate debt fund managers is now in its second year. Read more here about the managers who made the cut.

With the sale of MBS Media Campus, Carlyle rolls the credits on the blockbuster-producing industrial property in California.