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Sovereign Wealth Funds Briefing - Categorized | Financials

Oman-India fund to raise $350 million

Posted on 30 May 2014

The Oman India Joint Investment Fund (OIJIF) will be raising about $350 million for a new fund, two people close to the development said. OIJIF, a equal joint venture between State Bank of India (SBI) and State General Reserve Fund (SGRF), will start raising money from December. SGRF is Oman’s sovereign wealth fund.
Some of the other sovereign funds investing in India include Government of Singapore Investment Corp. (GIC), Singapore’s Temasek Holdings (Pvt.) Ltd, Abu Dhabi’s Mubadala Development Co. and the Abu Dhabi Investment Council………………………………………..Full Article: Source


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