World Bank's unit and GIC to set up global infrastructure fund

Reuters, 8 Feb 2012
Feb 8 (Reuters) - The World Bank's investment arm, International Finance Corporation, and sovereign wealth fund, the Government of Singapore Investment Corporation , are exploring the setting up of a global infrastructure fund.
IFC declined to disclose the value of the fund, which media reports have said in the past could be as much as $1 billion. Full story

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World Bank arm, Singapore GIC eye infrastructure fund - The Malaysian Insider