03.01.2014 - Sovereign wealth fund leads PE investment
GIC, one of the two sovereign wealth funds of Singapore, was has been named as the one of the biggest investors in private equity for 2013. According to Indian investment research platform VCCircle’s calculations, GIC was among the top investors both in terms of the amount of invested, as well as the number of transactions sealed this year. Investing more than $650 million in 2013, GIC devoted significant amounts of money to Indian private equity in particular over the past 12 months, ramping up its activity after opening an office in the region in 2011...............................................Full Article: Source
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