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No money to help local start-ups, but plentiful for foreign start-ups. And Donkey Tan was still saying Old Fart is risk averse. Since when did GeeAyeC become a venture capital fund?
http://www.opalesque.com/54970/Elusive_Singapore_asset_management_company_GIC970.html
Opalesque Exclusive: Elusive Singapore government-owned asset management company GIC investing more than $1 billion in new Chinese companies
Monday, September 28, 2009 <!-- AddThis Button BEGIN -->
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By Christine Gaylican, Opalesque Asia:
The Government of Singapore Investment Corp. (GIC) Special Investments is investing more than $1 billion in a private equity fund targeting new start-up companies in China, an industry source told Opalesque.
GIC will make said investments in CDH in partnership with the International Finance Corp.--the private sector arm of the World Bank. CDH, the private equity fund which GIC is investing in, is managed by CDH Investments, an international alternative asset fund manager with more than $2 billion of committed capital under management. CDH Investments was established in 2002 as a spin-off from China International Capital Corp., company doc......................
To view our full article Click here
http://www.opalesque.com/54970/Elusive_Singapore_asset_management_company_GIC970.html
Opalesque Exclusive: Elusive Singapore government-owned asset management company GIC investing more than $1 billion in new Chinese companies
Monday, September 28, 2009 <!-- AddThis Button BEGIN -->
<!-- AddThis Button END -->By Christine Gaylican, Opalesque Asia:
The Government of Singapore Investment Corp. (GIC) Special Investments is investing more than $1 billion in a private equity fund targeting new start-up companies in China, an industry source told Opalesque.
GIC will make said investments in CDH in partnership with the International Finance Corp.--the private sector arm of the World Bank. CDH, the private equity fund which GIC is investing in, is managed by CDH Investments, an international alternative asset fund manager with more than $2 billion of committed capital under management. CDH Investments was established in 2002 as a spin-off from China International Capital Corp., company doc......................
To view our full article Click here
