GIC News
GIC-backed fund Nuvest aims to raise $1 bln by mid-2013
By Charmian Kok
SINGAPORE (Reuters) - Nuvest Capital aims to raise $1 billion b y t he first year of operations as its founder and Government of Singapore Investment Corp (GIC) veteran Aje Saigal looks to build his record outside the world's eighth-largest sovereign wealth fund.
Singapore-based Nuvest will launch a global multi-asset fund with an emphasis on emerging markets by July with seed money
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