The Los Angeles-based asset manager closed its fifth European opportunity fund.
The pan-Asia-focused manager’s below-target closing of its latest opportunistic fund has raised questions about the impact of the two previous funds’s underperformance.
The Hong Kong-based firm has already raised around $1bn, surpassing the target and the hard-cap for its sixth opportunistic real estate fund.
The manager is understood to have launched Secured Capital Real Estate Partners VII two months ago.
The ex-founding partner of Fidelity Asia Ventures has merged with a Hong Kong investment advisory to develop 'smart cities' across China.
The US-based investment management firm closes seventh opportunistic real estate fund at hard-cap.
The two real estate asset managers hold interim close of co-sponsored fund.
The Related Companies chairman can look to another ally of the US president as proof that politics has little bearing on capital raising success.
Bain Capital is the latest manager to target non-performing real estate loans, a strategy that has been attractive to institutional investors.
The London-based firm's first close on Castleforge Partners Fund III already makes the vehicle more than 85% the size of its predecessor.