Warburg Pincus to increase its stake in Singapore's ARA Asset Management to up to 48.7%

Warburg Pincus to increase its stake in Singapore's ARA Asset Management to up to 48.7%

Jeffrey Perlman (right) and John Lim (left) at DealStreetAsia's Asia PE-VC Summit 2019. Photo: DealStreetAsia

Global private equity firm Warburg Pincus will substantially increase its ownership in Singapore-based property manager ARA Asset Management to up to 48.7 per cent from 30.7 per cent.