Qualitas, an Australian alternative real estate investment manager, has secured a substantial A$550m mandate from a North American institution to invest in commercial real estate private credit. This strategic move marks Qualitas’ first foray into the North American market, expanding its total funds under management to A$8.6bn.
Andrew Schwartz, Qualitas’ group managing director, revealed that the capital will primarily be used for senior loans across various asset classes. With over 80% of Qualitas’ funds currently allocated to private credit and a strong track record of successful investments, the manager continues to attract institutional investors seeking reliable returns.
The North American institution behind this significant commitment, a large pension fund with global investment interests, recognizes the potential of the Australian real estate private credit market. This partnership not only bolsters Qualitas’ financial standing but also reflects growing confidence in the manager’s expertise and capacity for scaling investments.
As Qualitas celebrates another record year of capital raising, fueled by this latest mandate, the company’s trajectory points to a bright future of strategic expansion and continued success. This collaboration underscores the interconnected nature of global financial markets and the increasing prominence of private credit as a key investment avenue for institutions seeking stable returns in a dynamic economic landscape.
