Alpha Investment Raises $460M For Fund II

Alpha Investment Partners has conducted the first closing of its Asia Macro Trends Fund II with approximately $460 million.

Alpha Investment Partners has conducted the first closing of its Asia Macro Trends Fund II with approximately $460 million, Reuters reports. The investment was made by eight institutional investors.

The vehicle will continue to raise money from investors over the next one year. The vehicle will invest in Singapore, Japan, Taiwan, South Korea and Hong Kong, China, India and Vietnam. Alpha Investment is the wholly owned real estate fund management unit of Singapore property developer Keppel Land.

Click here for the story from Reuters.