Thursday, July 9, 2020

NOW COULD BE THE BEST TIME TO INVEST IN FOREIGN REAL ESTATE

TIPS FROM A GLOBAL REAL ESTATE EXPERT ON FOREIGN PROPERTY INVESTMENT THIS SUMMER The Estates of Acqualina Sunny Isles Beach, Florida DUBAI, UAE. JULY...

AMP brings in Garg, opens Dubai office to boost Middle East client base

Australian infrastructure investment major AMP Capital has brought in Sudhanshu Garg as an institutional director amid the opening of its new Dubai office.

Garg will be responsible for introducing AMP Capital’s real assets capabilities to clients across the Gulf Cooperation Council (GCC).

Middle East institutional investors were among clients committing money to AMP’s Infrastructure Debt Fund III, which reached final close in August after exceeding its $2.5bn hard cap, attracting a further $1.6bn in commitments.

AMP director Boe Pahari said, “As AMP Capital continues its global expansion strategy, it makes sense to have an on-the-ground presence in Dubai, which is the gateway to the Middle East and a potential high-growth market for us.

“AMP Capital has built strong relationships with clients in the GCC over many years and the appointment of Sudhanshu, with his strong financial services experience and excellent local networks, provides us the opportunity to further cement our presence in this important and fast-growing region.”

Garg previously held senior management roles at ABN Amro in Dubai and was senior vice president at Royal Bank of Scotland, where he was head of financial institutional business for the Middle East.

Copyright © 2017 AltAssets

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