Peter Benson

The real estate secondaries firm has received backing from a sovereign wealth fund to establish a platform investing in mid-market managers.

The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.

The New York-headquartered manager’s latest vehicle also marks its first dedicated secondaries vehicle with an opportunistic risk-return profile.

The transaction marks the asset management giant's latest logistics-focused deal through its debut real estate secondaries vehicle.