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GIC pledges US$100m to ex-employee's hedge fund: sources

Wednesday, June 14, 2017 - 05:50


GIC has committed up to US$100 million to a hedge fund started by David Mercurio, a former employee who worked at the Singaporean wealth fund for a decade, according to people familiar with the matter.

GIC has backed Lauro Asset Management, a long-short equity fund

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