SL Green Raises More Than $1 Billion for New NYC Debt Fund

SL Green Realty Corp. pulled in more than $600 million in the past month for its new opportunistic debt vehicle focused on New York City, according to a person familiar with the matter.

The latest haul brings the fund’s total commitments above $1 billion, the person said, adding that some pledges closing in the coming weeks are expected to put the vehicle over its cap.