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Sign in Sign up for a FREE subscriptionPamfleet completes $450m final close of third real estate fund
The Pamfleet Real Estate Fund III, managed by Pamfleet Group, has completed a final close at $450 million, reaching its fundraising target.
Launched in July 2018, the value-add fund will invest in office, retail and residential properties throughout Asia Pacific.
The fund’s predecessor, Pamfleet Real Estate Fund II, held a $400 million final close in 2015, exceeding its original fundraising target of $350 million.
Investors in Pamfleet Real Estate Fund III include the San Francisco Employees’ Retirement System.
Pamfleet, a real estate investment adviser, has offices in Hong Kong, Singapore and Shanghai. Since its 2000 inception, the firm has originated and managed more than $1 billion of assets in Asia.