Asana Partners Fund III secures $750m

Asana Partners has collected $750 million for its Asana Partners Fund III, according to a recent filing with the SEC.

The filing notes that the fund has a target of $1.5 billion.

Asana Partners Fund III will follow a value-add strategy focused on unique street-front retail within high-growth walkable neighborhoods in the United States. The fund will target areas containing strong demographics, high educational attainment and above-average household income.

According to the SEC, 21 investors have backed the fund so far.

For more fund information, click here for IREI.Q.