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BOS sells private market feeder funds for US$5m

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Tan Nai Lun

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.

OCBC M&A Bank of Singapore

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