Ares Closes Fifth Japan Logistics Real Estate Development Fund at ¥612 Billion (US$4 Billion), Hitting Hard Cap

Ares raises $4 billion for Japan logistics fund in unit's largest fundraise

HONG KONG, Sept 1 : Ares Management, a U.S.-based investment firm, said on Tuesday its real estate arm has raised 612 billion yen ($4 billion) for its fifth Japan logistics development fund, marking the unit's largest…