has shut down its investment management office in Shanghai as it looks to redeploy capital to more profitable opportunities.
However, most of those assets – about $500-million – were proprietary commitments from Power Corp., as the fund gained little traction with third-party investors. “Power Sustainable is focused on growing its alternative asset management business primarily through fundraising third-party capital and will reallocate resources to other strategies which are well positioned to raise capital and meet investors’ needs,” the company noted during its most recent earnings presentation.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »