SC Capital Partners raises $383m

The Singapore-based investment manager held a first close after 5 months.

SC Capital Partners has raised $383 million to date for its Real Estate Capital Asia Partners V.

The firm will use the capital to make opportunistic investments in a diverse number of sectors across Asia-Pacific.

Six investors have committed capital to Real Estate Asia Capital Partners V fund so far, including two UK investors, one German insurer and one US endowment fund among others.