AIG Global RE to sell fund management business

By A staff reporter 2009-01-28T00:00:00

AIG Global Real Estate, announced on Tuesday that it plans to divest its fund management business, which operates 15 real estate funds with over $12.4 bn in assets under management in Europe, Japan, Latin America and Asia. The vehicles had $5.2 bn in equity capital commitments at end-September 2008, AIG ...

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