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Assembly Funds Management kicks off $100m raise for property fund

Sydney’s Assembly Funds Management, backed by the billionaire Lowy family and spearheaded by former Westfield chief operating officer Michael Gutman, is back on the fund-raising trail.

Michael Gutman, founder of Assembly Funds Management, is restocking the firm’s acquisition war chest.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/assembly-funds-management-kicks-off-100m-raise-for-prop-fund-20240808-p5k0o8