The property arm of the Swedish private equity firm’s latest offering has already surpassed the size of its predecessor.
The US-based real estate investment management firm has wrapped up its second value-add vehicle above its fundraising target.
Asana Partners’ oversubscribed $800m fund reflects market changes that are now making the sector more attractive to investors.
The US real estate investment firm announced a swift first close for its latest affordable housing vehicle.
The real estate firm’s value-add vehicle raised $289.4m and is already 46% invested.
‘Placement agent 2.0’ or ‘a mismatch right out of the gate?’ PERE hears perspectives about global brokerage JLL’s efforts to ramp up its funds advisory business.
The Chicago-based manager has already committed more than 50% of the total equity from the vehicle and its co-investment sidecar.
Fund will follow the same strategy as the joint venture’s second vehicle, with the aim of building a diversified pan-European portfolio of loans across real estate asset classes.
Capital commitments to the investment program have been sluggish, and SkyBridge Capital founder Anthony Scaramucci blames it on a lack of clear regulation.
The Singapore-headquartered firm has raised a total of $947m for two real estate vehicles, since it first started discretionary fundraising in July.