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Sovereign Wealth Funds Briefing - Categorized | Market

GIC agrees maiden secondaries sale

Posted on 24 August 2012

The secondaries arm of Credit Suisse has won the race to buy a portfolio of private equity interests from GIC, understood to be the first to be sold by the Singaporean sovereign wealth fund.
CS Strategic Partners has sought off competition from a number of other secondaries firms to agree to buy the portfolio, after GIC made the decision to explore a sale of a number of its private equity fund interests last December, according to two people familiar with the matter………………………………………..Full Article: Source


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