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Slate Asset Management, a Toronto- and London-based realestate-focused investment firm, reports that it has closed anoversubscribed fund focused on investments in the European grocerystore real estate markets.

The Slate European Real Estate Fund III closed at its hard capof €250 million, which is about $270 million, above its target of€200 million, the asset management firm said. Brady Welch, one ofthe firm's founding partners, said in a statement that heappreciated the show of faith from investors.

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Jack Newsham

Jack Newsham writes about the New York legal community and the business of law, including law firm finance and management and the battle for talent. Email him at [email protected] and find him on Twitter @thenewsham.