The Australian arm of Singaporean investment giant Capitaland aims to more than double its local funds under management to pass $20 billion over the next four years, with much of that hoped-for uplift likely to come from M&A style deals.
With neat timing, Capitaland has brought on board two former investment bankers to steer towards that goal, with Angelo Scasserra as its chief executive and Rahul Bharara as chief investment officer.
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