The Australian arm of Singaporean investment giant Capitaland aims to more than double its local funds under management to pass $20 billion over the next four years, with much of that hoped-for uplift likely to come from M&A style deals.
With neat timing, Capitaland has brought on board two former investment bankers to steer towards that goal, with Angelo Scasserra as its chief executive and Rahul Bharara as chief investment officer.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.