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Temasek puts US$3b in Avanda's hedge fund-like vehicle
Published Fri, Jul 8, 2016 · 09:50 PM
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Singapore
TEMASEK Holdings put US$3 billion with a fund managed by Avanda Investment Management Pte, started last year by former GIC Pte senior executives.
The state investment firm invested with the Avanda Global Multi-Asset Master Fund, which is managed by the Singapore-based manager, Temasek said in its annual review on Thursday. Avanda was partly seeded with money from GIC, and was st…
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