London’s Toscafund Raises $242 million for Property Fund

The firm has added the new fund to invest in the U.K. real estate market.

London- and Dubai-based Toscafund Asset Management has raised about $242 million for a new fund that was launched this week — Tosca Commercial Property Fund.

Tosca Commercial Property is a private equity–like vehicle formed in a joint venture with London & Scottish Investment Partners, a Scottish-based investment firm.

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