| 28.10.2011 - Singapore sovereign wealth fund invests in aircraft-leasing venture |
| Avolon, the Irish aircraft lessor, Thursday said it has secured $300 million from a Singapore sovereign wealth fund to accelerate expansion and cement its position in Asia's fast-growing aviation market. The Government of Singapore Investment Corp., or GIC, will take a stake of a little under 20% in Avolon, marking a rare foray by a sovereign fund into the closely-knit aircraft finance business...............................................Full Article: Source |