Warburg Pincus is venturing into the Asian real estate credit market and has appointed an industry veteran to develop the business.
On Tuesday, the private equity firm named Gregory Wells as entrepreneur-in-residence, which means he will both build up the venture and put some of his own capital to work in it.
Wells, who has over 30 years of experience in the real estate industry, told FinanceAsia of his plans to develop a real estate credit platform that provides tailor-made financial solutions to borrowers.
“We expect to be quicker and more flexible in real estate financing for some tricky and complicated...
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