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Derby Lane Partners Launches with up to $1.8 Billion from Anchor Partners Including Fortress

Firm Founded by Adam Piekarski, Former Co-Head of Real Estate Credit at BDT & MSD Partners

October 14, 2025

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New York, NY – October 14, 2025 – Derby Lane Partners (“Derby Lane” or the “Firm”) today announced its launch as a newly formed alternative investment management firm founded by Adam Piekarski. The Firm is committed to providing flexible, creative capital solutions to the market across asset classes, with an initial focus on the compelling investment opportunity in commercial real estate credit in North America. The Firm launches with the support of strategic anchor partners, including BTG Pactual, funds managed by affiliates of Fortress Investment Group, Koch Real Estate Investments, Liberty Mutual Investments, Silver Creek Capital Management, and Stable. Collectively, the Firm’s strategic anchor partners have committed up to $1.8 billion to the Derby Lane platform.

Piekarski, as Derby Lane’s Founder, Chief Executive and Chief Investment Officer, brings more than two decades of investment experience across public and private markets in commercial real estate credit, corporate credit, and private equity. He most recently served as the Co-Head of Real Estate Credit at BDT & MSD Partners, where he co-founded and led the buildout of the investment team and the deployment of more than $5 billion of capital for commercial real estate credit investment strategies.

“Today’s market presents an attractive opportunity to invest in commercial real estate debt. We have assembled a seasoned team, paired with flexible capital and a differentiated approach to the market, that positions our firm to play offense while others continue to play defense,” said Adam Piekarski, Founder, CEO and CIO of Derby Lane. “As we strive to drive value and sustainable performance across market cycles, we will always remain focused on our disciplined credit process and proactive asset management with our partners.”

In addition to Piekarski, the initial senior members of Derby Lane include Kory Klebanoff, Partner, previously the Co-Head of East Coast Originations at ACORE Capital, and Urian Yap, Partner and CFO, previously the CFO of Madison Realty Capital. Klebanoff will be joined on the investment team by Matt Doneth, Managing Director, previously at Apollo Global Management, and Heecheol Pak, Managing Director, previously at Blackstone.

Piekarski added, "We are incredibly grateful to our strategic partners for their support and shared conviction in our vision for Derby Lane. With our team's extensive experience and deep industry relationships, Derby Lane is positioned to invest with flexibility, speed, and discipline in a market undergoing generational change."

 

About Derby Lane Partners

Founded in 2025, Derby Lane Partners ("Derby Lane") is a New York-based alternative investment management firm providing flexible, creative capital solutions to the market across asset classes, with an initial focus on commercial real estate credit opportunities in North America. Derby Lane is registered with the U.S. Securities & Exchange Commission as an investment adviser. For more information, please visit https://www.derbyln.com/.