Schroders completes acquisition of majority stake in Asian real estate investment manager Pamfleet
Schroders is today announcing that it has completed the acquisition of a majority stake in Pamfleet, an Asian real estate investment manager.
Pamfleet, which will now be renamed Schroder Pamfleet, has offices in Hong Kong, Shanghai and Singapore. It was founded in 2000 and currently has US$1.1 billion of assets under management across four funds.
Pamfleet’s entire team of 19 professionals will continue to work for Schroder Pamfleet.
This further reinforces Schroders’ private assets and real estate capabilities, and builds on the recent purchases of Blue Asset Management, the value-add real estate specialist in Munich, and Algonquin, the Pan-European value-add Real Estate Hotels team.
It also brings significant additional industry expertise and geographical reach into some of the largest and fastest growing Asian real estate markets which are attractive to Schroders’ global clients.
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