Keppel Capital takes 50% interest in Pierfront Capital
Singapore-based Keppel Corporation has agreed to buy a 50% interest in Pierfront Capital, an alternative credit investment fund manager controlled by Temasek Holdings.
KC Management One, a subsidiary of Keppel Capital, will pay $6.78 million for the holding, plus a further $1 million on completion of the deal, according to a filing. The selling entity is Pierfront Capital...
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