BOS sells private market feeder funds for US$5m
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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.
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