CPPIB, Temasek join Blackstone in backing Singapore hedge fund ArrowpointFinanceCPPIB, Temasek join Blackstone in backing Singapore hedge fund Arrowpoint

CPPIB, Temasek join Blackstone in backing Singapore hedge fund Arrowpoint

HONG KONG, June 21 (Reuters) – Arrowpoint Investment Partners, one of Asia’s largest hedge fund launches this year, said on Friday it has secured investment from the Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings.

These sovereign wealth funds followed Blackstone, which had already seeded the new Singapore-based fund.

“Blackstone, Temasek, and CPPIB have confirmed their support as our seed backers,” said Joo Lee, co-founder and chief technology officer at Arrowpoint, in a Linkedin Post.

Source: REUTER

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