Temasek, one of Singapore's two sovereign wealth funds, is to set up a wholly owned subsidiary with an expected $3bn to $4bn available to invest when fully-established.
The unit, which has been named Seatown – the English translation of Temasek – will be led by Charles Ong, its chief strategist, and Nasser Ahmad, the co-founder of a New York-based hedge fund.
Temasek will provide seed finance to Seatown, which is also expected to attract backing from institutional investors.
您已閱讀26%(477字),剩餘74%(1370字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。