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US hedge fund TRG buys 50% of Arch Capital

Yvonne Chan
The firm enters a share swap agreement with Ayala Corp and Ayala Land, with Arch and TRG now mulling the launch of a new Asian emerging markets property fund.

The Rohatyn Group (TRG) has acquired 50% of Hong Kong private equity firm Arch Capital Management in a share swap agreement to provide it with a foothold in the Asian emerging markets property sector.

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