Kevin Fitzpatrick: AIG builds on its Brics and mortar

AIG Global Real Estate is one of the largest and most prolific investors in emerging markets. Now that Brazil, Russia, India and China are the focus of almost every big investor and developer, the US-based firm is far ahead of the pack. The group’s president, Kevin Fitzpatrick, speaks to Rachel Wolcott about AIG’s history in emerging markets and why enthusiasm for these markets might be overdone.

Green roots in emerging markets

AIG president, Kevin Fitzpatrick

Investing in emerging markets is the latest vogue among those seeking to piggy-back on the success of some of the world’s most vibrant economies. However, it is nothing new to AIG Global Real Estate. While many investors and developers talk big about Brazil, Russia, India and China, the so-called Bric markets, AIG’s real estate arm is already on the ground in Moscow, Mumbai, Hong Kong and Shanghai. Worldwide, AIG Global Real Estate has 500 professionals searching out opportunities.

Emerging markets are at the heart of AIG’s heritage.

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