USA – Asana Partners, a Charlotte, N.C.-based real estate investment firm, closed Asana Partners Fund III, with aggregate equity commitments of $1.5 billion.
A diverse group of institutional investors from North America, Europe, and Asia Pacific made commitments to the Fund. It is the firm’s fifth fund and the third in its flagship series of value-add funds focused on acquiring and repositioning mixed-use assets in high-quality urban and near-urban neighborhoods in the United States.Led by Terry Brown, Managing Partner and Co-founder, Jason Tompkins, Managing Partner and Co-founder, Sam Judd, Managing Partner and Co-founder, Asana Partners is a vertically integrated real estate investment firm that creates value by acquiring, enhancing, and operating distinctive mixed-use and retail properties in dynamic urban and near-urban neighborhoods in the United States. As of March 15, 2022, the firm had $6.2 billion in assets under management across its value-add and core strategies. 18/03/2022