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Friday, March 4, 2011 at 9:20 AM

9:20AM

Plopping a $1B bet on China getting old

Friday, March 4, 2011 at 9:20AM

Altered photo found here.

FT story from last month on Fortress Investment planning to raise $1bn fund to invest in housing for China's growing elder population. Fund is US-based and operates the largest senior independent living facilities in NorthAm.

Piece references the 4-2-1 problem (four grandparents, two parents, and one child to rue them all!).

Today 155m of 1.3b are over 65. Add 100m by 2020.

Focus will be on major cities with the funds to support development.

Interesting.

Thomas P.M. Barnett

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Source: Fortress in talks to launch $1bn housing fund for China's elderly

by Henny Sender at Financial Times on February 14, 2011

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