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Lasalle's Us Value-add Fund Expected To Reach Final Close In Q3 | News | Ipe Ra

by realassets.ipe.com posted 2weeks ago 11 views
VCERA plans to approve $100m into Fund VIII which targets $1.5bn hard cap. : LaSalle Investment Management’s eighth US value-add real estate fund is expected to reach a final close in the third quarter of the year, according to a potential investor. In a board meeting document, Ventura County Employees’ Retirement Association (VCERA) said it will seek the approval of a $100m (€87.6m) commitment to LaSalle Growth and Income Fund VIII. In October last year, IPE Real Assets reported that LaSalle could reach a first close in December 2018 and attract around $510m.

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