Dechert advised Singapore-based private equity real estate firm SilkRoad Property Partners as lead counsel in connection with the final close of its latest real estate fund, SilkRoad Asia Value Partners, at US$445.5 million, in excess of its US$350 million target.

The fund was launched in August 2014 and achieved its first closing on December 5, 2014. Its investors include insurance companies, endowments, pension funds and other top-tier institutional investors from Europe, North America and Asia.

The Dechert team advising SilkRoad Property Partners included lead partner Dean Collins (Singapore) and associate Claire Bentley (Singapore). Regulatory and tax support was provided by partners Jeffrey Sion (New York) and Karl Egbert (Hong Kong/New York).