The global asset manager has acquired Australian alternatives fund house RARE Infrastructure. The move comes as traditional and alts managers increasingly converge, and boutique houses look for global tie-ups.
The firm has delayed the final close on its pan-Asia private equity vehicle due to European sovereign debt woes.
The pan-Asian private equity vehicle focuses on Greater China real estate.
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 global financial crisis is likely to erase the risk premium attached to emerging markets, says co-founder at The Rohatyn Group.