Starcrest Capital Partners held a final close for its Starcrest China Real Estate Fund II at $276.5 million. The fund was launched in October 2014, with a target at $300 million. Limited partners in the fund include endowments, pensions, banks, asset managers and family offices across North America, Europe and Asia.
The firm will use the capital to make opportunistic investments in a diverse number of sectors in China.
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