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Asana Partners closes third value-add fund at USD1.5bn

Asana Partners has held the final close of Asana Partners Fund III, with aggregate equity commitments of USD1.5 billion.

A diverse group of institutional investors from North America, Europe, and Asia Pacific made commitments to the Fund, Asana Partners’ fifth and the third in its flagship series of value-add funds focused on acquiring and repositioning mixed-use assets in high-quality urban and near-urban neighboorhoods in the United States.

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