Tuesday, 24 May 2016
Last updated 1 hour ago
Sep 17 2012 | 8:09am ET
Singapore-based SC Capital Partners has raised $530 million for its Real Estate Capital Asia Partners III fund.
The fund, which closed August 13 and which attracted investment from pensions, funds of funds, endowments and foundations, will focus on undervalued, undermanaged and distressed Asian real estate and real estate-related investments. It is a successor to the $190.3 million Real Estate Capital Asia Partners II fund launched in 2008.
SC Capital was assisted in the formation of the new fund by the law firm Paul Hastings.