


| Warburg Pincus to raise stake in Asian real estate fund manager ARA |
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(This May 26 story has been corrected to rectify time period in paragraph five) 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.
Posted: 2020-05-27 06:46:00
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