ARA Asset Management Limited is a premier global integrated real assets fund manager. As at 1 June 2018, the Gross Assets Managed by ARA Group and its Associates is approximately S$77.2 billion across 62 cities in 20 countries.
Driven by a vision to be the best-in-class real assets fund management company, ARA Group and its Associates’ businesses include:
(a) REITs – ARA is one of the largest REIT managers in Asia. The Group directly manages Fortune REIT, dual-listed in Singapore and Hong Kong; Suntec REIT and Cache Logistics Trust, listed in Singapore; and Hui Xian REIT and Prosperity REIT, listed in Hong Kong. It also indirectly manages REITs in Japan and Australia through its associate companies.
(b) Private real estate funds – The Group manages private funds providing investment opportunities in diverse real estate sectors and geographies that cater to different investor risk appetites.
(c) Infrastructure – ARA Infrastructure was established in 2018 to cater to strong investor demand for global infrastructure investment in line with the increasing opportunities in this asset class.
(d) Country desks – ARA operates country desks in China, Korea, Japan, Malaysia, Australia and Europe. The country desks employ a strong understanding of each local market to facilitate the flow of inbound and outbound capital and cross-country collaborations. In Korea, ARA manages six private REITs; In Japan, ARA holds a strategic stake in Kenedix, Inc. with approximately S$25 billion in assets under management (“AUM”); In Europe, ARA’s platform is extended through its strategic partnership with Australia-based Cromwell Property Group which has approximately S$11 billion in AUM, of which S$5 billion is in Europe.
(e) Real estate management services – As part of the Group’s investor-operator philosophy, its dedicated property management teams actively work the ground to manage its assets around the world.
Its multi-platform, multi-product global fund management strategy, combined with its dedicated teams with in-depth local knowledge enables the Group to offer enduring value to its investors. Built on a foundation of strong corporate governance and business integrity, ARA counts some of the world’s largest pension funds, sovereign wealth funds, financial institutions, endowments and family offices as its investors.
King & Spalding helps leading companies advance complex business interests in more than 160 countries. Working across a highly integrated platform of more than 1,500 lawyers in 22 offices globally, we deliver tailored commercial solutions through world-class offerings and an uncompromising approach to quality and service.
Our infrastructure and energy projects practice includes over 300 lawyers worldwide who specialise in advising clients on world class projects in a range of sectors, including oil and gas, LNG, power, renewable energy, mining, petrochemical, ports and terminals, real estate and social infrastructure.
Our global experience throughout the project value chain gives us an in-depth understanding of the complex interplay among project agreements and how those agreements affect key milestones like development, financing, construction and commercial operations.
Clients count on our team to counsel them on the technical, commercial and geopolitical challenges unique to their projects. We have deep experience negotiating the full range of project development and financing contracts, in a variety of languages, across North America, Latin America, the Caribbean, Europe, the Middle East, Asia and Africa.
Many of the firm’s lawyers worked as in-house project counsel or engineers at world-class companies and investment banks prior to joining King & Spalding. Our diverse and specialised experience also includes midstream oil and gas assets (gathering and processing, storage, transport), hydro power, district energy, underground storage, upstream oil and gas, maritime transportation, mining and refining/petrochemicals.
PEP Funds take control positions in a select group of Australian and New Zealand companies with enterprise values in the range A$200M-A$1B. Operating company management are provided with capital and resources as necessary to deliver full potential.
Established in 1998, the Pacific Equity Partners (PEP) has made 28 operating company investments and over 100 bolts-ons and joint venture acquisitions at the company level. PEP Funds have had ~A$8.4B of equity under management over time, and are currently investing PEP Fund V which is A$2.1B. Recent investments have spanned industrial, energy, food, consumer products, healthcare, entertainment/media, pharmaceuticals and the financial services industries, and employ over 50,000 people. The firm is currently raising the PEP Secure Assets Fund with a hard cap of A$1B. This fund targets assets with secure cashflows and operational improvement opportunities and will see the completion of its first deal in June 2018.
In terms of liquidity and returns, PEP has been fortunate over the last 20 years to be among the best performers in the industry worldwide and recognised with a number of awards, including Firm of the Year, Best LBO Deal of the Year and Australian Private Equity Firm of the Year and has been included in the list of Top 20 Consistent Performers Globally by preqin.