CLSA Capital raises $1 bln for third Asia-Pacific real estate fund

CLSA Capital Partners has closed its third Asia-Pacific real estate investment fund at a hard cap of $1 billion, the firm announced in a statement. The target for Fudo III was $850 million. The pool will focus on buying all types of real estate property throughout the Asia-Pacific region. Its limited partners include pension funds, sovereign wealth funds, endowments and insurance firms from North America, Asia, Europe and the MIddle East. Greenhill’s Real Assets Capital Advisory group served as a placement agent and financial advisor for the fund.