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Korean Teachers’ Credit Union has signed a second real estate partnership agreement with a Californian counterpart; Singapore’s sovereign wealth fund backs third fund in series focused on Australian logistics assets; the investment firm that manages part of Alibaba co-founder's fortune is retreating from US stocks as it increasingly focuses on private markets.
Weekly investors roundup: Korea's KTCU doubles down on CalSTRS JV; GIC pushes further into Australia logistics; Alibaba co-founder flees US stocks
The US fund house has applied for a renminbi qualified foreign institutional investor licence and is talking up its parent's China joint venture, despite difficulties encountered by other mainland JVs.
Principal GI gears up for RQFII business
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