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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

Singapore state investor to set up new multi-bln dollar firm

Posted on 10 February 2010

From Reuters: Singapore state investor Temasek Holdings plans to set up a new multi-billion dollar investment firm that will invest in wide range of assets, sources briefed on the plans said on Wednesday.

The firm, called Seatown Holdings, which is the English word for Temasek, will be headed by Temasek’s senior managing director and chief strategist Charles Ong, the sources, who did not want to named because the matter is not public, said…………………………………Full Article: Source

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