SUBSCRIBERS
BOS sells private market feeder funds for US$5m
Published Tue, Mar 1, 2022 · 09:50 PM
Singapore
BANK of Singapore (BOS), a wholly-owned subsidiary of OCBC, has sold all its management shares in 2 private market feeder funds for US$5 million, it said on Tuesday (Mar 1).
The deal will see the buyer - fintech platform iCapital - taking over the management and operation of the bank's private market feeder funds, while BOS retains client servicing responsibilities.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
