The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.
Headed by Nick ap Simon, the Swiss alternative asset manager's twelfth office will support investment activities and client relationships in the Middle East and India. Infrastructure was highlighted by the firm as one area needing investment and development.
The $60m loan will help Egypt’s National River Transport Company finance 24 of a planned fleet of 90 transport barges for the Nile river. The firm is currently building ports in Cairo and Alexandria and aims to transport 10 million tonnes of freight annually by 2013.