Institution: Ping An Asset Management
Headquarters: Shanghai, China
AUM: 3.27 trillion yuan
Ping An Asset Management plans to increase its allocation to private equity real estate over the next twelve months in light of covid-19, a contact at the institution informed PERE. The institution also intends to continue with its plan for committing to first-time funds.
The 3.27 trillion yuan ($458.95 billion; €409.04 billion) Shanghai-based asset manager has an appetite for a range of sectors across Asia-Pacific.
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