Starcrest closes second China real estate fund
Starcrest Capital Partners has held a final close of Starcrest China Real Estate Fund II, with $276.5 million in investor commitments.
Limited partners include endowments, pensions, banks, asset managers and family offices located throughout North America, Europe and Asia.
Founded in 2010, Starcrest is a real estate manager focused exclusively on special situations and distressed real estate in China. With offices in Hong Kong and Shanghai, Starcrest primarily seeks special situations involving real estate acquisitions at deep values. For the past eight years, Starcrest has established itself as a manager in China real estate by penetrating various markets of the Chinese economy.