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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore sovereign wealth fund invests in aircraft-leasing venture

Posted on 28 October 2011

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


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