Singapore allocates $1b to global credit fund managers in a bid to become private markets hub

Singapore allocates $1b to global credit fund managers in a bid to become private markets hub

A view of the Monetary Authority of Singapore building in Singapore April 18, 2016. Reuters.

Singapore’s central bank will be allocating $1 billion to top global private credit fund managers as part of the nation’s efforts to develop itself as a full-service private markets hub.

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