SUBSCRIBERS
Ascott and Qatar Investment Authority to set up US$600m fund
Published Mon, Jul 13, 2015 · 09:50 PM
Singapore
THE Ascott Limited, the serviced residence arm of CapitaLand, is partnering Qatar Investment Authority (QIA) to set up a US$600 million fund with an initial focus on investing in Asia-Pacific and Europe.
This fund marked its largest private equity fund to-date and is part of CapitaLand's efforts to have five to six new funds worth S$8-10 billion in asset under management (AUM) in the next three to four years.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show
DBS Q1 profit up 15% to S$2.96 billion; interim dividend at S$0.54
Qualcomm forecast beats estimates as AI drives chip sales in China
eBay forecasts Q2 revenue below estimates as consumer spending remains strained
AIG beats profit estimates on underwriting strength
Huawei lab barred by US regulators as part of crackdown on China