<article>Singapore based institutional real estate private equity investment firm, <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=SC+Capital+Partners">SC Capital Partners</a> plans to raise $400 million for a new Asia-focused property fund, a <a style="color: #000080;" href="http://www.bloomberg.com/news/articles/2015-06-11/sc-capital-plans-to-raise-400-million-for-asia-property-fund" target="_blank">report</a> said.</article>

Singapore based institutional real estate private equity investment firm, <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=SC+Capital+Partners">SC Capital Partners</a> plans to raise $400 million for a new Asia-focused property fund, a <a style="color: #000080;" href="http://www.bloomberg.com/news/articles/2015-06-11/sc-capital-plans-to-raise-400-million-for-asia-property-fund" target="_blank">report</a> said.
The private equity firm will being marketing the fund next week to global institutional investors, <a style="color: #000080;" href="http://www.bloomberg.com/" target="_blank">Bloomberg</a> said in a <a style="color: #000080;" href="http://www.bloomberg.com/news/articles/2015-06-11/sc-capital-plans-to-raise-400-million-for-asia-property-fund" target="_blank">report</a>, quoting its managing director Suchad Chiaranussatti.
“We are looking to provide long-term appreciation in the Asia-Pacific, which will be the main economic driver in the world,” the <a style="color: #000080;" href="http://www.bloomberg.com/news/articles/2015-06-11/sc-capital-plans-to-raise-400-million-for-asia-property-fund" target="_blank">report</a> further quoted Chiaranussatti, who founded the firm in 2004, as stating.
It also adds that Chiaranussatti expected the fund to generate net return of about 10 percent, which will include stable yields and capital gains. It further said that the new fund would invest about 80 per cent of the amount raised in transparent, liquid markets that include Japan, Australia, New Zealand, Hong Kong, Singapore and South Korea, while the rest would be invested in China, Indonesia, Thailand, Malaysia and Taiwan.
Earlier this year, the PE firm announced that it reached the final close of its fourth real estate private equity fund on $850 million. The fund – Real Estate Capital Asia Partners IV or RECAP IV – had raised capital from a diverse array of institutional investors from across the globe, and limited partners in RECAP IV consisted of 34 institutional investors from North America, Europe, Asia and Australia.
Related: <a style="color: #ff0000;" title="SC Capital raises $850m new realty fund" href="http://www.dealstreetasia.com/stories/sc-capital-closes-850m-real-estate-fund-2369/" rel="bookmark">SC Capital raises $850m new realty fund</a>
The report also quoted Chiaranussatti saying that the firm had already invested about $250 million from its Real Estate Capital Asia Partners IV, and added it planned to invest a further $400 million from this fund by the year-end.
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Singapore based institutional real estate private equity investment firm, SC Capital Partners plans to raise $400m for a new Asia-focused property fund

SC Capital plans new $400m Asia Property Fund

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SC Capital plans new $400m Asia Property Fund

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