(Reuters) - Nuvest Capital aims to raise $1 billion b y t he first year of operations as its founder and Government of Singapore Investment Corp (GIC) veteran Aje Saigal looks to build his record outside the world's eighth-largest sovereign wealth fund.
Singapore-based Nuvest will launch a global multi-asset fund with an emphasis on emerging markets by July with seed money from GIC, Saigal said in an interview, confirming a Reuters report in February about his plans. Full story
