Farallon wraps debut fund on $375m

The San Francisco-based investment manager has held a final close for its first commingled real estate fund.

San Francisco-based asset management firm Farallon Capital Management has closed its debut real estate fund on $375 million in equity. Farallon Real Estate Partners (FREP), which held a first close on $153 million in August, brought in commitments from endowments, foundations, family offices and corporate pension plans, as well as a significant co-investment from the firm.

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