D2 Asset Management, LP (D2) today announced its launch as a global investment firm specializing in credit, hybrid, and special situation investments.

Fitch Net Cash Flow (NCF): Fitch performed cash flow analyses on 10 loans in the pool (50.4% by balance). Fitch's resulting aggregate NCF of $26.2 million represents a 4.5% decline from the issuer's aggregate underwritten

Marking a key milestone for the New York-based company led by former Freddie Mac CEO David Brickman.

This new program is designed to offer an alternative to traditional agency and CMBS conduit financing executions by providing greater structural flexibility, more streamlined execution, and a customized approach to borrower needs.

The appointment significantly advances D2's expansion in the residential real estate sector – a key part of the firm's broader investment strategy. The residential investment business covers both the multifamily and single-family markets, and will pursue a mix of direct lending

Founded by industry veterans Ben and Luke Doramus, D2 Asset Management said it aims to generate "compelling returns" for its partners across real assets, specialty finance, and structured credit.