A Charlotte-based real estate investment fund filed to raise $500 million in a private offering, according to a Nov. 14 Securities and Exchange Commission filing.

The filing from Asana Partners Fund lists a total offering amount of $500 million, with $219 million remaining to be sold. The first sale took place on Aug. 31, and $280 million has been raised so far from 18 investors. The minimum investment accepted from any outside investor is $1.35 million, the company said.

The company is offering equity and pooled investment fund interests. Groups such as investment clubs, partnerships and trusts use pooled funds as a way to be treated as a single account holder, allowing them to buy more shares.

Asana is a retail real estate company investing in high-growth markets across the United States. It was founded in 2015 by industry veterans Terry Brown, Jason Tompkins and Sam Judd. Brown is chairman and chief executive officer of the company.

Asana announced on April 5 that Robin Hilliard joined the company as managing director, responsible for merchandising and leasing. Hilliard brings over 34 years of retail real estate experience.

Most recently, she was vice president of real estate at Pure Barre, a fitness brand in the portfolio ofGreenwich, Connecticut, private equity firm Catterton. Hilliard directed the national rollout of more than 260 Pure Barre stores.

Before joining Pure Barre, she was vice president and regional director of leasing at Weingarten Realty where she established the company’s North Carolina presence and had responsibility for regional leasing activity, asset management, property management, development and construction of a 4 million square-foot portfolio.

Hilliard received her Bachelor of Science degree in business industrial relations from UNC-Chapel Hill.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must first file what’s known as a Form D electronically with the SEC after they first sell their securities.