SGX listed Cambridge Industrial Trust (dividend yield 7.1%) shareholders do take note. The majority shareholders of the manager, managing Cambridge Industrial Trust was finally able to sell their manager to e-Shang Redwood Limited (ESR). nabInvest Capital Partners and CREIM Limited have agreed to sell 80% of their stake in the manager to ESR. Who is ESR? A look up on the internet shows that this company is affiliated as a subsidiary with Warburg Pincus, a well known USA private equity firm with offices around Singapore. Warburg Pincus in recent times, were part of the consortium that took ARA Asset Management, another asset management firm listed on SGX private and are interest in GLP, another industrial asset management firm listed on SGX. It looks to me that they are snapping up various asset management firms. The question is, to purchase these hard assets via so ......