Schroders to acquire RF Eclipse | Money Management
It was currently wholly-owned by the RF Group, the family office of Andrew Roberts who was the former majority shareholder of Multiplex property group. Under the agreement, RF Group would retain 49.9% ownership and both entities would have equal board representation and control. Chris Durack, Schroders Asia Pacific co-chief executive, said the opportunity to combine Schroders’ institutional strength in asset management with the deep real estate pedigree and strong knowledge of the family office market demonstrated by RF Group was “incredibly powerful”. “The joint venture will enable u...
Source: moneymanagement.com.au