ARA raises $1bn

The Singapore-based subsidiary of real assets manager ESR has announced a final close for its second CAF fund.

Fund Names: China-ASEAN Investment Cooperation Fund II (CAF II)
Amount raised: $1 billion
Stage of fundraising: Final close
Final close date: November 2022

ARA Asset Management has announced the final close of China-ASEAN Investment Cooperation Fund II (CAF II) on $1 billion.

China-ASEAN Investment Cooperation Fund II (CAF II) will use capital raised to invest in the Asia-Pacific region, focusing on energy, renewables and telecoms sectors. The fund also plans to put a focus on sustainability and ESG standards.


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