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TownshipCapital raises $15m

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TownshipCapital has raised $15 million to date for its Township GP Fund II, per a SEC filing. The Los Angeles-headquartered firm has set a $25 million target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target co-investment opportunities in a diverse number of properties in the United States.