BusinessWeek, 5 Mar 2010
March 5 (Bloomberg) -- Singapore is planning to create its own hedge-fund capital modeled after Greenwich, Connecticut, in a cluster of ex-British army homes called Nepal Hill, a 15- minute cab-ride from the city-state’s main banking district.
Nepal Hill is part of a development called “one-north,” referring to Singapore’s location one degree north of the equator, that is already home to industry clusters including Singapore’s biomedical research hub, Biopolis. The 180-hectare area will be developed in stages within the next 20 years, JTC said in the invitation to managers. Full Story
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Singapore Plans Greenwich-Style Hedge-Fund Area at Nepal Hill - Bloomberg.com