Bentall Kennedy (Canada) LP held a first close of its Bentall Kennedy High Yield Canadian Property Fund I LP totaling $145 million in commitments.
The fund raised $115 million from three unidentified Canadian institutional investors. Sun Life Assurance Company of Canada had previously committed $30 million to the fund to enable it to begin making loan commitments.
Sun Life Financial acquired Bentall Kennedy in September 2015 with the goal of...
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