LRI Invest will act as fund manager, Aggregate will function as the investment advisor. :
Luxembourg-based investment services firm LRI Group has partnered with Aggregate Debt Advisory to launch a €500m private debt real estate fund. The fund, known as Aggregate Debt Fund, will focus on building a diversified portfolio of mezzanine loans, with an emphasis on residential real estate development in Germany. The fund is aimed at pension funds, insurance companies and family offices and will initially be registered for distribution in Germany, Austria, Switzerland and Luxembourg.