Page 51 - Forbes - Asia (July - August 2018)
P. 51

SPECIAL ADVERTISING SECTION
































        presence and product offerings. Earlier   its new infrastructure business earlier this   and just capturing a small piece of that
        this year, it established Shanghai AVICT-  year. According to the Asian Development   US$1.7 trillion pie will be beneficial to
        ARA Fund Management, a joint venture   Bank, Asia alone requires US$1.7 trillion in   ARA,” says Lim.
        with AVIC Trust to capitalize on China’s   infrastructure investment a year until 2030
        fast-growing real estate fund management   to maintain the region’s growth momen-  What’s Next
        market. AVICT-ARA will develop RMB-  tum, tackle poverty and respond to cli-  Looking ahead, ARA will continue to pur-
        based fund products, including private   mate change.                sue robust growth both organically and
        equity and mezzanine debt funds, as   “We have been seeing strong demand   through new strategic initiatives, includ-
        well as explore opportunities in the   from our investors for infrastructure invest-  ing merger and acquisitions and joint ven-
        quasi-REITs market and other potential   ment, especially as the Belt and Road Ini-  tures. Says Lim: “Our investment approach
        real estate investment trust initiatives     tiative gains momentum and governments   is investor-led. We go where our investors
        in China.                          in rapidly developing economies in Asia   want to invest and develop products and
          To ride on investors’ growing demand for   and Europe open up to private invest-  services across our full suite of investment
        infrastructure investment, ARA launched   ment. The opportunities are tremendous   management, asset management and
                                                                             property management services to address
                                                                             their needs.”
                                                                               The group is also mindful that growth
                                                                             will not come at the expense of the qual-
                                                                             ity and integrity of its work, which has to
                                                                             remain of the highest standard. Accord-
                                                                             ing to Lim, three “Ps”—Partners, People,
                                                                             Passion—used to form the cornerstone of
                                                                             ARA’s success. Today, he has added one
                                                                             more “P”—Processes—to the mix.
                                                                               “As the group expands, we need to
                                                                             ensure that we have good systems and
                                                                             processes in place to support our growth
                                                                             and to uphold the integrity of the busi-
                                                                             ness. Otherwise, our race toward global
                                                                             expansion will be in vain,” he says.







                 ARA Shareholders - Warburg Pincus, John Lim, CK Asset Holdings Limited,
                                  The Straits Trading Company Limited and AVIC Trust  http://www.ara-asia.com/

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