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Secured Capital holds first close on $1bn target fund

The vehicle focuses on opportunistic and distressed property situations and debt in Japan, although can invest up to 30% in China.
Secured Capital holds first close on $1bn target fund

Secured Capital, the Tokyo-based real estate investor, has held a first close at $175 million for its latest vehicle, a Japan-focused opportunity fund that has a target of $1 billion.

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