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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek eyes stake in IPO-bound Embassy

Posted on 10 August 2010

From Vccircle.com: Singapore sovereign fund may co-invest over $100 mn with HDFC, which has exposures in Embassy SPVs. Southern real estate major Embassy Property Developments Ltd is holding talks with Singapore’s Temasek and HDFC Property Ventures for private equity placement topping $100 million.
Banking sources familiar with the development said, Temasek could be co-investing with HDFC Property Ventures, which has made three large project level investments with Embassy in the past………………………………………..Full Article: Source

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