Global alternative investment firm International Capital Group (ICG) has formed a real estate business to serve the Asia Pacific.
The new business will be run by the former private funds team at Singapore-based ARA Private Funds.
It will invest in Apac real estate equity and debt with a focus on mid-to-upper market transactions, corporate-led deals and special situations.
The four man team is led by two co-heads David Kim and Stephen Tang, and completed by Rohan Neville and Isaac Leo.
“Asia-Pacific represents one of the largest growth markets in the world and I look forward to contributing to ICG's global ambitions as we expand our investment activities in the region," said Tang.
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