Capital Trust's CT Mezzanine Partners II completed its final closing...

Capital Trust’s CT Mezzanine Partners II completed its final closing, raising more than $845 million. Investors included the $80 billion New York State Teachers’ Retirement System, Albany, and the $43 billion Minnesota State Board of Investment, St. Paul. The fund, which is co-sponsored by Citigroup Investments, expects to originate up to $2.5 billion in loans and investments during the next two years.