| Partners Group AG, a Switzerland-based private markets management firm, has purchased a number of real estate fund positions from New Zealand Superannuation Fund, a sovereign wealth fund. The purchase of the stake was at a discount.
Partners Group has acquired five fund positions, as the NZ sovereign fund is looking to exit the real estate investment sector. These positions are in the fund of Hong Kong-based Gaw Capital Partners; Red Fort India Real Estate Fund II managed by Singapore-based Rising Straits Capital; and a private equity real estate firm. Statistics show the NZ Super manages assets worth about $21 billion...............................................Full Article: Source
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