GLP and GIC Establish US$2 Billion China Fund

GLP and GIC logoGLP, a Shangai, China-based global provider of modern logistics facilities and technology-led solutions, is partnering with GIC, Singapore’s sovereign wealth fund, to establish a new US$2 billion fund in China.

The fund will focus on income-generating logistics facilities in China.

Led by Ming Mei, Co-Founder and CEO, GLP China is the asset manager and will contribute seed assets to the fund. It is a global provider of modern logistics facilities and technology-led solutions, with over US$50 billion in assets under management across its real estate and private equity segments.

Established in 1981, GIC is a global investment firm which manages Singapore’s foreign reserves. A disciplined long-term value investor, the firm is positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure.
In private equity, GIC invests through funds as well as directly in companies, partnering with its fund managers and management teams to allow businesses achieve their objectives.
It has investments in over 40 countries and has been investing in emerging markets for more than two decades.
GIC employs over 1,400 people across 10 offices in key financial cities worldwide.

FinSMEs

11/09/2018

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