Top

AEW Capital Management – New close

The Boston-based alternative investment manager, AEW, has closed its latest value-add fund, Value Investors Asia III, at $1.12 billion. The Asian fund will target value-added opportunities in the office sector, mainly in the co-working space. Investors committing in the fund include the Teacher Retirement System of Texas, the California State Teacher’s Retirement System and the Florida State Board Administration.