Sources said Torchlight Debt Opportunity Fund VI has so far raised $1.3bn. : Torchlight Investors has raised $1.3bn (€1.2bn) for its latest real estate debt fund and is expected to reach its fundraising target later this month, according to sources. The Torchlight Debt Opportunity Fund VI fund is expected to receive more than $1.5bn at final close at the end of the month. Its predecessor raised $1.36bn. The Teachers’ Retirement System of Louisiana said in a board meeting document that it had made a $75m commitment and the fund had already made $659.6m of investments.