Fundraising

Asana raises $237m

The North Carolina-based firm’s second fund seeks to raise up to $800 million.

-

Asana Partners has raised more than $237 million for its second private equity fund, Asana Partners Fund II.

The firm has received capital from six investors and it aims to raise over $800 million for the vehicle. Hodes Weill Securities acts as the placement agent for Fund II.

The vehicle’s predecessor, Asana Partners Fund I, raised $500 in total last year, targeting retail property opportunities in the United States, with New Mexico State Investment Council committing $75 million.