Qualitas Senior Debt Fund has raised over AUD100m at first close, expects to launch a second AUD300m opportunity real estate fund. : A new open-ended senior debt fund created by Qualitas has raised over 20% of its initial AUD500m (€316.7m) target and the manager also expects to launch a second AUD300m opportunity real estate fund. Qualitas Senior Debt Fund has raised more than AUD100m at first close, the Melbourne-based nonbank real estate lender said as it targets to raise at least AUD500m by next year.