Forum Investment Group’s Real Estate Income Fund (FREIF) has surpassed $300m (£225m) in net assets under management since it launched in October 2019.
The fund seeks to provide high income potential with lower volatility by investing in a diversified portfolio of public and private real estate debt investment opportunities.
Read more: Hercules Adviser closes 4th institutional private credit fund
“Reaching the $300m mark is more than a milestone, it signals FREIF’s evolution into a scaled platform with staying power,” said Lee Beck, president at Forum.
“In a time when investors are rethinking portfolio allocations, FREIF presents a viable alternative to traditional fixed income exposure.”
Read more: Arini prices second US CLO at $505.2m
The fund’s portfolio emphasises hard-asset, real estate-backed debt investments, with a focus on downside risk mitigation and long-term value creation, Forum said.
Read more: Morningstar: Default rates rising among middle market issuers