Baring Private Equity Asia (BPEA) Real Estate today confirmed the final closing of its second dedicated real estate fund, BPEA Real Estate Fund II, with total capital commitments of US$1 billion. The fund was oversubscribed and closed at its hard cap. Fund II had an initial target of US$750 million. It achieved a first close in December 2017 and was oversubscribed five months later by May 2018. Following an allocation process, the Fund closed at $1 billion in July 2018. …

Baring Private Equity Asia Raises $1B For Second Asian Real Estate Fund appeared first on China Money Network.