CORRECTED-Warburg Pincus to raise stake in Asian real estate fund manager ARA
26 May CORRECTED-Warburg Pincus to raise stake in Asian real estate fund manager ARA
Posted at 04:07h
in
News
by KMFSLLP
U.S. private equity firm
Warburg Pincus is raising its stake in Asian real estate fund
manager ARA Asset Management Ltd (ARA) to 48.7% from 30.7%, as
it seeks to capitalise on rising investor interest in property
funds, both firms said in a statement.
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