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Arch holds second close on property fund at $307 million

The firm has delayed the final close on its pan-Asia private equity vehicle due to European sovereign debt woes.
Arch holds second close on property fund at $307 million
Arch Capital has held a second close on its pan-Asian property fund at $307 million, with a final close date postponed to the first quarter next year due to challenging fundraising conditions in Europe. Arch Capital - TRG Asian Partners LP launched in May and held its first close at $220 million in June. A final close at $500 million – initially slated for the year end – has been delayed, following the onset of the sovereign debt crisis this summer.   “The newly admitted investo…
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