Pamfleet has completed the sale of a majority stake in its business to Schroders, a U.K.-based global investment manager.
“Schroder Pamfleet brings a wealth of real estate investment experience in Asia, which will help us drive the next phase in the growth of Schroders’ Real Estate and broader private assets platform. Schroder Real Estate is a core part of Schroders’ private assets business, which is a key strategic growth priority for the firm,” said Georg Wunderlin, global head of private assets at Schroders.
Pamfleet was founded in 2000 and currently has $1.1 billion of assets under management across four active funds, the most recent of which closed last year at $450 million.
