Company set up in 2015 hits fundraising target. : Asana Partners, set up in 2015 to invest exclusively in retail real estate in the US, has raised $800m (€681m) for its second fund. IPE Real Assets revealed the fundraising target last year, and today the start-up fund manager announced that Asana Partners Fund II was over-subscribed, enabling it to reach its hard cap. Commitments came from institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds, and family offices.