Sovereign wealth funds: Size matters
GIC Private is an example of a sovereign wealth fund that has developed wide-ranging private equity capabilities. More of its peers have been boosting exposure to alternatives, highlighting the prospect of increased direct investment, but establishing sophistication programs takes time
AN LP was assessing the prospects for co-investment alongside a new fund. “Some of the Canadians need to commit at least $100 million per deal,” he observed. “And then GIC, they will do anything.”...
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