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Sovereign Wealth Funds Briefing - Categorized | Financials

Temasek, GIC raise $9.9 bln, most among sovereign firms

Posted on 02 December 2010

From Bloomberg: Temasek Holdings Pte and Government of Singapore Investment Corp. raised about $9.9 billion from international investors over the past year, selling more debt and equity than any other state investment firm.
Temasek, based in Singapore, sold almost $6 billion of bonds since October last year. Temasek-controlled Mapletree Industrial Trust and Global Logistic Properties Ltd., GIC’s overseas logistics unit, raised S$5.1 billion ($3.9 billion) selling shares in October, accounting for 10 percent of the record initial public offerings in the Asia-Pacific region that month, according to data compiled by Bloomberg……………………………………….Full Article: Source


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