Franklin Templeton Real Estate Advisors (FTREA), the global real estate investment arm of asset manager Franklin Templeton Investments, has announced that it has hired Joyce T. Shapiro, previously public operator of real assets at Toronto-based Brookfield Asset Management, to head a newly established business team dedicated to real asset multi-manager investment strategies and expanding the group’s capabilities to include infrastructure, energy, water, agriculture and timber, the company said in a statement.
The newly dedicated team plans to create a real assets fund of funds that will invest in real assets such as infrastructure among others, a source close to the company told Infrastructure Investor. The source also said that the fund has not been launched yet and there is no confirmed date as to when this might happen.
The fund will invest in Asia and Europe and also, to a lesser extent, in Americas, according to media reports.
Reports also suggest that the company is in the process of determining the amount that it will seek to raise for its real assets fund.
Franklin Templeton Real Estate Advisors is a unit of San Mateo, California based Franklin Resources, a global investment management organisation operating as Franklin Templeton Investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
