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GIC pledges US$100m to ex-employee's hedge fund: sources
Published Tue, Jun 13, 2017 · 09:50 PM
Singapore
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 founded by Mr Mercurio, who left the wealth fund in 2011, according to the people, who asked not to be identified because the matter is priva…
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