Dune closes Fund III above its fundraising target

Dune announced the final closing of its third real estate fund on October 28, 2014. Monument Group’s release reports $960 million in capital commitments, exceeding the stated $850 million target. The figures describe the flagship Fund III fundraise and are not assigned to any individual feeder or parallel vehicle. The release uses dollar signs without an explicit currency code. Monument Group participated in the fundraising.