Real estate debt fundraising is a growing specialism, with 542 hires since 2022 and 778 people now in seat. This report tracks the market movements of those 778 professionals at 197 US GPs across calendar years 2022 to 2026.
It follows the mid-sized and smaller managers whose capital raisers have a clear focus on real estate debt, alongside the 15 real estate specialists among the 975 fundraisers at the 16 largest alternatives managers. Every person counted raises investor equity for real estate debt.
What is inside
- The market as it stands. The shape of the market by seniority and firm type, and where it sits geographically.
- Five years of moves. Hiring and promotion year by year from 2022, who grew, and hiring by debt strategy.
- Private wealth. How dedicated private wealth fundraising has developed across the tracked firms.
- Backgrounds and retention. Where senior hires at pure play debt managers came from, and how long people stay once they join.
- What it means if you are hiring. What the findings mean for GPs planning a real estate debt fundraising hire.
The full report is below. 2026 figures cover January to September.
Related reading: Falling for Flyover Country: Mapping the Midwest’s Real Estate Fundraisers as LP Interest Grows · Retention and Length of Tenure of Real Estate Fundraisers