US-based LaSalle makes $1.07b first close of latest Asia buyout fund

US-based LaSalle makes $1.07b first close of latest Asia buyout fund

Singapore. Photo: Unsplash

US real estate investment manager LaSalle Investment Management has made the first close for its latest Asia-focused closed-end private equity real estate fund at $1.07 billion, according to a meeting document from one of its limited partners.