Madison Realty Capital Debt Fund IV planned to raise $1bn. : New York City-based Madison Realty Capital has raised $1.13bn (€1.1bn) for its fourth real estate debt fund. Madison Realty Capital Debt Fund IV, which set out to raise $1bn, received capital commitments from investors in the US, Europe, Middle East and Asia, including public and corporate pension funds, the fund manager said. Its predecessor raised $695m. As previously reported, Texas Permanent School Fund and Texas Municipal Retirement System each made $100m commitments to Fund IV.