| CapitaLand Ltd.’s serviced residence arm and Qatar Investment Authority, the Gulf state’s sovereign wealth fund, will partner in a $600 million venture as Southeast Asia’s biggest developer boosts its fund management business.
The venture will initially focus on Asia Pacific and Europe, according to a statement on Monday. CapitaLand has a target to have six new funds with as much as S$10 billion ($7.4 billion) in assets under management by 2020, it said...............................................Full Article: Source
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