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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore’s Temasek invests $350 mln in China health sector JV

Posted on 21 October 2016

Singapore’s Temasek has said it is investing $347.2 million in the Chinese health care sector. The Singapore sovereign wealth fund will make the investment in the China operations of Columbia Pacific Management, Bloomberg reported.
The fund will partner with Columbia to form a 50-50 joint venture that taps into the growing health care sector in China. The JV will focus on providing health care services to China’s burgeoning middle-class population. The strategy will be to offer affordable services in China, Columbia said in a statement…………………………………….Full Article: Source


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