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Sovereign Wealth Funds Briefing - Categorized | Investment

Future Fund commits $1 bln to Brookfield, Australian says

Posted on 15 October 2009

From Bloomberg: Australia’s sovereign wealth fund has committed $1 billion to a Brookfield Asset Management vulture fund that will target distressed real estate debt, the Australian newspaper reported, without saying where it got the information.

Australia’s Future Fund follows sovereign wealth funds China Investment Corp. and Government of Singapore Investment Corp. in putting money in the vehicle, the newspaper said…………………….Full Article: Source

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