Shui On closes special-sits property fund for China
Shui On Construction and Materials (Socam) will co-invest with two LPs under the new brand Tan-Eu for a $400 million pool, plus gearing.
Shui On Construction and Materials (Socam), the listed subsidiary of Hong Kong-based real-estate developer Shui On Group which is known for projects such as Shanghai’s Xintiandi area, has launched a private-equity business.
Socam and its fund management joint venture Tan-Eu Capital, run by Rachel Renucci-Tan, plans to raise assets and manage a private-equity fund dedicated to Chinese property special situations.
Tan-Eu has just closed the SoTan China Real Estate I Fund, raising …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.