19.10.2015 - Singapore wealth fund eyes UK housing
The Singapore government’s investment arm has announced plans to fund projects in the UK property market, writes Chris Smith. The sovereign wealth fund GIC announced it is investing £90m in the private equity firm Maya Capital to fund acquisitions outside the M25. Maya has investment from GWM Capital Advisors and has started projects in Newcastle and Wales. David Pralong, managing partner of Maya Capital, said: “The fact that we have received financing from such a high profile and internationally respected financial institution such as GIC will allow us to continue to pursue our strategy."..............................................Full Article: Source
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