07.03.2016 - GIC Invests $100M In Two Africa-Focused PE Firms
Singapore’s sovereign wealth fund GIC has invested $100 million in two African-focused private equity players, Actis and RMB Westport, Deal Street Asia reported. This is the first time that GIC, which has investment in the US, Europe and Asia, has invested in Africa. It’s lack of direct presence on the continent could be one of the reasons why it decided to invest indirectly via Actis and RMB Westport, private equity portal PERE said in an exclusive report...............................................Full Article: Source
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