MILESTONE

Opportunistic
Fund I

USD 11.3MM9

Closing of
Opportunistic
Fund I1,9


HONG KONG
Office

2002

2003

2004

Opportunistic
Fund II

USD 73.5MM9

Closing of
Opportunistic
Fund II2,9


TOKYO
Office

2005

2006

Opportunistic
Fund III

USD 350.0MM9

Closing of
Opportunistic
Fund III3,9

SHANGHAI
Office

TAIPEI
Office

2007

2008

2009

Opportunistic
Fund IV

USD 460.0MM9

Closing of
Opportunistic
Fund IV4,9
TOKYO
Office

2010

2011

2012

Opportunistic
Fund V

USD 750.0MM9

Closing of
Opportunistic
Fund V & Side Cars5,9


Started joining
GRESB Assessment


SINGAPORE
Office

2013

2014

SEOUL
Office

2015

2016

2017

Debt
Fund I

USD 119.9MM9

Closing of
Debt
Fund I6,9

SYDNEY
Office

2018

2019

Opportunistic
Fund VI & Side Cars

USD 1.36BN9,10

Closing of
Opportunistic
Fund VI & Side Cars7,9,10

2020

2021

Core-Plus
Fund I

EUR 133MM9,11

Closing of
Core-Plus
Fund I 8,9

2022

2023

MILESTONE

2002

Closing of Opportunistic Fund I1,9


HONG KONG
Office

Opportunistic
Fund I

USD 11.3MM9

2003

2004

2005

Closing of
Opportunistic
Fund II2,9


TOKYO
Office

Opportunistic
Fund II

USD 73.5MM9

2006

2007

Closing of
Opportunistic
Fund III3,9


SHANGHAI
Office

Opportunistic
Fund III

USD 350.0MM9

2008

TAIPEI
Office

2009

2010

Closing of
Opportunistic
Fund IV4,9

Opportunistic
Fund IV

USD 460.0MM9

2011

2012

2013

Closing of
Opportunistic
Fund V & Side Cars5,9


Started joining
GRESB Assessment


SINGAPORE
Office

Opportunistic
Fund V & Side Cars

USD 750.0MM9

2014

2015

SEOUL
Office

2016

2017

2018

Closing of
Debt
Fund I6,9


SYDNEY
Office

Debt
Fund I

USD 119.9MM9

2019

2020

Closing of
Opportunistic
Fund VI & Side Cars7,9,10

Opportunistic
Fund VI & Side Cars

USD 1.36BN9,10

2021

2022

Closing of
Core-Plus
Fund I 8,9

Core-Plus
Fund I

EUR 133MM9,11

2023

  1. Closing of Phoenix Asia Prime Assets, L.P. in 2002 at USD 11.3MM
  2. Closing of Phoenix Asia Real Estate Investments II, L.P. in 2005 at USD 73.5MM
  3. Closing of Phoenix Asia Real Estate Investments III, L.P. in 2007 at USD 350MM
  4. Closing of Phoenix Asia Real Estate Investments IV, L.P. in 2010 at USD 460MM
  5. Closing of Phoenix Asia Real Estate Investments V, L.P. in 2013 at USD 750MM including dedicated co-investment vehicles
  6. Closing of Phoenix Asia Secured Debt Investments in 2018 at USD 120 MM
  7. Closing of Phoenix Asia Real Estate Investments VI, L.P. in 2019 at USD 1.36BN including dedicated co-investment vehicles
  8. First closing of Phoenix Pan-Asia Core-Plus Investments SCSp in 2022 at EUR 133MM, as of October 31, 2022.
  9. Includes GP commitment to the funds.
  10. This number includes Opportunistic Fund VI’s total commitment of US$952.5 MM and additional sidecar commitments of ~US$410.8 MM and does not include the total maximum recyclable equity of US$197.8 MM.
  11. As of October 31, 2022.