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AllianceBernstein Seals Up $680M PE Real Estate Fund

By Natalie Rodriguez (April 18, 2012, 4:53 PM EDT) -- Asset management firm AllianceBernstein LP announced Wednesday that it has closed on its first private equity real estate fund at $680 million and plans to primarily use the capital to buoy borrowers looking to restructure and recapitalize distressed assets in the U.S. market....

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