| 18.06.2012 - Sparx wins sovereign fund money to start Japan property business |
| Sparx Group Co., a Japanese asset manager, won money from a sovereign wealth investment company overseas to start a property fund focused on residential assets, Chief Executive Officer Shuhei Abe said. Sparx Asia Capital Management Ltd. will be responsible for the five-year fund, which will have maximum capacity of 40 billion yen ($507 million) and will start in August or September, Abe said in a telephone interview from Tokyo...............................................Full Article: Source |