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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

RRJ, Temasek’s fund invest $250 mln in Chinese developer

Posted on 11 April 2014

RRJ Capital Ltd., run by Charles Ong, and a fund owned by his former employer, Temasek Holdings Pte, have invested $250 million in Chinese logistics warehouse developer Shanghai Yupei Group Co.
The investment follows a $200 million stake purchase by the Carlyle Group and Townsend Group in August and completes the company’s equity financing needs for the foreseeable future, Yupei said in a press release yesterday. Temasek is Singapore’s state-owned investment company………………………………………..Full Article: Source


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