Chelsfield raises $878.5m

The UK-headquartered asset manager held a final close on two real estate vehicles.

  • Fund name: Chelsfield Asia Fund 1 and Chelsfield Asia Fund 1 – Co-investment
  • Amount raised: $878.5 million
  • Stage of fundraising: Final close
  • Final close date: May 2020

Chelsfield has held a final close on Chelsfield Asia Fund 1 on $362.5 million and Chelsfield Asia Fund 1 – Co-investment on $516 million. The vehicles will target value-add real estate assets in Hong Kong, Shanghai, Singapore and Tokyo.