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Bangkok Post
Bangkok Post
Business

Trust to focus on real estate

Adrian Lee Luxury
From left are Thunyatorn Nattatum, Adrian Lee and Panon Leelamanit, managing partners of ALLY KEX Private Equity Trust.

Luxury property developer K.E. Group and a former major shareholder of Raimon Land have set up a private equity fund with an initial investment of 2 billion baht to co-invest in existing property projects whose developers are in need of liquidity or who want to cash out.

Adrian Lee, one of the three managing partners of ALLY KEX Private Equity Trust, said the trust, which is backed by K.E. Group's owner Kaveepan Eiamsakulrat, is Thailand's first private equity trust focusing purely on real estate.

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