SilkRoad holds $456m final close for Asia fund
SilkRoad Property Partners has held a final close of $455.5 million for its SilkRoad Asia Value Partners, exceeding its $350 million target, according to a statement.
The fund, which launched in August 2014, received investments from insurance companies, endowments, pension funds and other institutional investors from Europe, North America and Asia.
The value-added fund will invest in real estate assets in Singapore, Hong Kong, Shanghai and Beijing and has already made four investments in Singapore and Hong Kong.
Fund data at your fingertips. Subscribe to the FundTracker database.