HK-based SHK sets up real estate debt fund, seeks to raise up to $300m Hong Kong. Source: Robert Bye/Unsplash April 9, 2021 Hong Kong-based alternative investment firm Sun Hung Kai & Co (SHK & Co) has launched a real estate debt fund, targeting to raise $200-300 million to invest in first and second mortgages for commercial and residential property in the Asia Pacific. The five-year debt fund is managed by SHK’s in-house real estate investment group, Multiple Capital Investment Partners (MCIP). SHK has already committed $100 million to the new vehicle. In a statement, SHK said MCIP will inv...