CLI also said it will invest up to A$1 billion ($876.7 million) to grow funds under management (FUM) in Australia. In September, CLI closed its Australian Credit Programme (ACP). ACP is CLI’s maiden credit fund at A$265 million, backed by Asian investors.
During its investor day on Nov 22, CapitaLand Investment's (CLI) management said it is looking to expand its business in Australia.
The company recently announced that it had appointed two senior hires to newly created roles to strengthen its talent bench and spearhead growth in its focus market. Angelo Scasserra will be the CEO of CLI Australia, and Rahul Bharara will be its chief investment officer. They are expected to join the company in 1H2025.
