The fund will concentrate on the Asia Pacific region with a primary focus on China and India. Citigroup is committing $US200 million of capital to the fund.

Citigroup Property Investors chief executive Joseph Azrack said the group had received strong investor interest for CPI Capital Partners Asia Pacific. Asia is a compelling market for private equity real estate investments, and the CPI Asia Pacific team is well positioned to find appropriate opportunities in the region.

Citigroup Property Investors has more than $US9.8 billion in assets under management. Citigroup Property has teams in North America, Europe and Asia that invest in both private and public markets and in office, industrial, multifamily, retail and hotel property types.

Citigroup Property believes its strength as its research-driven investment strategies, capital market sensitivity and investment sourcing and execution capabilities.

Citi Alternative Investments manages a wide range of private equity, hedge funds, real estate and structured products on behalf of Citi as well as third-party institutional and high net worth investors.
Read more
0 Replies
Sort by :Filter by :
No replies found for this discussion.