MPGA targets German institutional investors for Asia fund
The private equity firm says it has been surprised by the amount of interest among Germans in its Asian property fund and is heading for a first close by mid-year.
MPGA, the real estate private equity firm managing $10 billion of assets, is making a Teutonic shift in the Asian property fund sector, where it is raising capital from German institutional investors for a ‘spezialfonds’ vehicle.
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