Asana Partners Closes $800M Retail Real Estate Fund

Asana officials state that the fund received commitments from a diverse set of institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds and family offices.

By John Jordan | April 09, 2019 at 09:45 AM

CHARLOTTE, NC—Retail real estate investment firm Asana Partners reports it has closed its second value add fund— Asana Partners Fund II, LP—with $800 million in equity commitments.

The fund was oversubscribed and achieved its hard cap of $800 million in equity within 12 months of the launch of marketing.

Asana officials state that the fund received commitments from a diverse set of institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds and family offices.

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