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Brasa Capital Management holds final close of oversubscribed Fund II at $450m

Minority-owned, emerging real estate investment manager, Brasa Capital Management LLC (Brasa), has successfully closed Brasa Real Estate Fund II (Fund II), at its hard cap of $450 million.

With an original target of $300 million, Brasa has now exceeded its fundraising goal on its first two discretionary investment vehicles. In May 2019, only a year after its founding, Brasa closed Brasa Real Estate Fund (Fund I) in excess of its $100 million fundraising goal with $120 million in capital commitments.   

Founded in 2018, Brasa Capital focuses on middle-market, real estate opportunities throughout the Western United States and Texas. Brasa invests between $5 million and $35 million in equity on diverse property types, with a particular emphasis on multifamily and industrial real estate assets.   

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