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Asana Partners raises $281m

Asana Partners Fund I began fundraising in 2016 with a $400 million target.

Asana Partners has raised $281 million for its Asana Partners Fund I, according to a SEC filing. The Charlotte-headquartered firm began fundraising in 2016 with a $400 million target.

Investors that committed to Asana Partners Fund I include the Los Angeles City Employees' Retirement System and the Ohio Police & Fire Pension Fund.

The fund will target value added opportunities in retail sectors in the US.