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Ares Management Unit Buys Commerce Industrial for $50M

Ares Management Unit Buys Commerce Industrial for $50M
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AMP Capital's growth strategy in turmoil


AMP Capital’s growth strategy in turmoil
AMP is expected to refuse to confirm the exact size of Boe Pahari’s payout at the wealth management giant’s annual general meeting on Friday.
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AMP Capital’s growth strategy has been thrown into disarray, as a $US5 billion ($6.4 billion) capital raising for a new fund to take stakes in infrastructure projects has come under a cloud after the departure of controversial infrastructure equity boss Boe Pahari, at the same time as investors in a key property fund prepare to vote on whether to merge with a rival fund.
AMP had been planning a $US5 billion capital raising for its Global Infrastructure Fund III, although the deal had not yet been taken to market. But AMP insiders say that Pahari’s departure has now raised doubts as to whether the fund will be launched as planned. ....

City Of , United Kingdom , Global Infrastructure Fund , Macquarie Group , Capital Diversified Property Fund , Infrastructure Fund , Diversified Property Fund , Los Angeles Based Ares Management , Ares Management , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , உலகளாவிய உள்கட்டமைப்பு நிதி , மக்வரீ குழு , மூலதனம் பன்முகப்படுத்தப்பட்ட ப்ராபர்டீ நிதி , உள்கட்டமைப்பு நிதி , பன்முகப்படுத்தப்பட்ட ப்ராபர்டீ நிதி , லாஸ் ஏஞ்சல்ஸ் அடிப்படையிலானது ஏரிஸ் மேலாண்மை , ஏரிஸ் மேலாண்மை ,

AMP Capital's Boe Pahari entitled to $50m exit payment


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AMP Capital’s controversial infrastructure equity boss, Boe Pahari, could be entitled to pocket at least $50 million as the price of his amicable exit from the company.
Although the wealth-management giant has been tight-lipped about the financial terms of Pahari’s exit – an AMP spokesman declined to comment on Sunday – AMP insiders estimate he could earn $50 million.
Boe Pahari will depart AMP Capital, leaving the business without one of its big rainmakers.  
David Rowe
This will partly reflect the termination payments and accumulated bonuses Pahari will be entitled to receive for his premature exit. (He earned a bonus of about $6.5 million in calendar 2020.) ....

Kylie Oconnor , Solly Lew , Mark Mcinnes , David Jones , Los Angeles Based Ares Management , Kylieo Connor , Francesco De Ferrari , கைலி ஒக்கொன்னோர் , சொல்லி ல்யூ , குறி மகிந்ந்ஸ் , டேவிட் ஜோன்ஸ் , லாஸ் ஏஞ்சல்ஸ் அடிப்படையிலானது ஏரிஸ் மேலாண்மை , பிரான்செஸ்கோ டி ஃபெராரி ,