SC Capital Partners Group (SC Capital Partners), an Asia Pacific real estate investment manager, has entered into a strategic partnership with Singapore-headquartered and listed real asset manager, CapitaLand Investment (CLI).
CLI will acquire an initial stake of 40 percent in SC Capital Partners for S$280 million ($208 million). CLI also will invest a minimum of S$524 million (US$390 million) in strategic capital and elevate SC Capital Partners by supporting its platform growth and strengthening investor alignment.
CLI will be granted conditional options to acquire two additional 30 percent stakes in SC Capital Partners on both the third and fifth anniversary from transaction closing, providing an orderly and aligned pathway for full ownership by 2030. In the meantime, Suchad Chiaranussati, chairman and founder of SC Capital Partners, will retain full autonomy over the business, including investment activities and launch of investment products.
CLI’s strategi