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Ben and Luke Doramus, Co-Founders and Managing Partners of D2, said: "We are excited and fortunate to launch D2 with one another, leveraging the skill sets we have developed independently during our careers. We also couldn't ask for a more like-minded partner than Koch Real Estate Investments (KREI). We look forward to expanding D2 alongside other extraordinary colleagues and investors that we plan to bring on board in the coming months."

Jake Francis, President of KREI, added: "Our partnership with D2 aligns well with KREI's strategy of collaborating with best-in-class management teams and providing flexible capital solutions. Ben and Luke's approach to relative value while navigating complex investments through various market cycles and asset classes is impressive. We believe this strategic partnership will create significant value and we look forward to supporting D2's growth and success."

D2's investment strategy combines asset-based finance with public and private credit investing across a diverse range of assets, markets and operating companies. Central to D2's philosophy is a commitment to providing innovative and flexible capital solutions with a focus on long-term partnerships.

Ben Doramus brings 24 years of experience in principal investing, with a focus on real estate-related credit markets. His previous roles include Partner and Managing Director at H/2 Capital Partners and head of CRE principal trading for North America at Deutsche Bank.

Luke Doramus has nearly two decades of experience as a principal investor across alternative assets. He previously served as Partner and Managing Director at TowerBrook Capital Partners and as Partner and Portfolio Manager at LibreMax Capital. Prior to joining LibreMax, Luke was a trader on the Structured Products trading desk at Deutsche Bank.