Founder, with support from Warburg, to lead $1b buyout of Singapore's ARA Asset

Founder, with support from Warburg, to lead $1b buyout of Singapore's ARA Asset

The founder of ARA Asset Management Ltd, which manages S$30 billion ($21.7 billion) in Asian property assets, is teaming up with Warburg Pincus and other investors to buy out the real estate fund manager, sources familiar with the matter said on Friday.

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