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Crescent Real Estate seeks $350M for PE fund

Investment manager Crescent Real Estate LLC is looking to raise $350.0 million for a new invitation-only private equity fund.

The vehicle, called GP Invitation Fund II LP, has not yet received any capital commitments, according to a June 15 filing.

Crescent partners with an exclusive group of investors and high-net-worth clients to acquire, develop and operate high-end properties, according to its website.