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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GIC boost for US commerical realty

Posted on 24 February 2011

From Iddmagazine.com: The U.S. commercial real estate market got a boost on Wednesday when Jefferies & Co. announced that it has teamed with Singapore’s sovereign wealth fund and Loan Core Capital Partners to back a business that will specialize in commercial real estate finance.
The sovereign fund, the Government of Singapore Investment Corp., Loan Core and Jefferies are putting up $600 million for the joint venture, which will be called Jefferies Loan Core LLC………………………………………..Full Article: Source


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