LaSalle sets $1b new goal for Asia fund

LaSalle has raised $335 million for its LaSalle Asia Opportunity V, the fifth in its series of closed-end, pan-Asia opportunistic funds.   The fund launched in August 2016, with pending commitments that would bring the total raised to $700 million. The final fund size is anticipated to exceed the target of $750 million announced upon the fund’s launch, and the firm has set a new capital raising target of $1 billion.