HedgeCo.Net — Ares Management said Tuesday it had completed the final close of Japan Logistics Development Partners V at a ¥612 billion hard cap, about US$4 billion including limited-partner equity and the general-partner commitment, the largest closed-end institutional fundraise for Ares Real Estate. The CNW release, issued jointly with cornerstone investor CPP Investments, is the primary. DealStreetAsia independently printed the same ¥612 billion hard cap, the same US$4 billion conversion, and...
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