Asian property specialist hits top target in oversubscribed international fundraising. : PAG Real Estate has hit its hard-cap fundraising target for its latest opportunistic property investment fund, taking in $1.9bn (€1.6bn) of commitments by the fund’s final close. The property investment and asset manager of Asian alternative fund manager PAG said there had been significant interest from its strategic investment partners in the fundraising for Secured Capital Real Estate Partners VI (SCREP VI), including major institutional investors from North America, Europe and Asia.