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Barings adds A$6B to AUM with acquisition down under

Photo by Lucrezia Carnelos on Unsplash

Barings on Tuesday announced that it has inked an agreement to acquire Altis Property Partners, a real estate firm based in Australia. Financial details of the deal have not been disclosed, but the US$349 billion global investment manager noted that the transaction is expected to close on 1 September 2022. Upon closing, Barings will add 44 professionals with expertise in…

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