GIC ahead of sovereign investor pack for Q1
It seals two of the quarter's largest investments: a 'trophy asset' in downtown Manhattan and three US student housing portfolios
London
SINGAPORE'S US$344 billion GIC led the sovereign investor pack in the first three months of 2017, sealing two of the biggest investments of the quarter.
Wealth funds and state pension funds participated in total US$9 billion of deals in January to March.
GIC teamed up with private equity firm Hellman & Friedman in a US$1.9 billion de…
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