05.12.2011 - Singapore sovereign wealth fund revs up on $1bln sale
The Government of Singapore Investment Corporation, which manages private equity through its subsidiary GIC Special Investments, has engaged intermediaries to handle the sale process of the interests, according to two people familiar with the situation. The contents of the portfolio are currently unknown. However, one person with knowledge of the situation said that they were likely to be primarily US fund interests with a minimum value of $500m, potentially rising depending on the level of interest...............................................Full Article: Source
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