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GIC Main Investor In Orchard Street Special Situations Fund

by dealstreetasia.com posted 1year ago 2113 views
Singapore’s sovereign wealth fund (SWF) GIC has backed Orchard Street Investment Management on the launch of its third Special Situations Fund as its main investor. The fund has a target gearing level of 50 per cent, enabling it to invest about £150 million ($187 million) in UK commercial property.