Industry Newsroom

Farallon Capital’s FASS III Completes a US$1.12 Billion Final Close (Multi Region)

Global institutional investment management firm Farallon Capital Management has reached a final close for Farallon Asia Special Situations III and Farallon Asia Special Situations Master III (collectively FASS III), with a combined total of US$1.12 billion in capital commitments. Investors in FASS III included United States-based pension groups New York State Common Retirement Fund, Duke University Pension Plan, Massachusetts Institute of Technology Pension Plan and Mayo Clinic Master Retirement Trust Plan. The fund will focus on investing in illiquid special situations across the capital structure in companies in or with a nexus to Asia and Latin America.