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GIC opens office in Brazil

Published on Apr 1, 2014 5:14 PM

Singapore sovereign wealth fund GIC officially opened a new office in São Paulo, Brazil on Tuesday.

The new office - GIC's 10th globally - will focus on Latin American investment opportunities across areas such as real estate, healthcare, financial and business services and natural resources.

The office will be headed by Dr Wolfgang Schwerdtle, 44, who has been with GIC since 2009.

He will "build a strong network of business relationships in the region and actively seek investment opportunities", said GIC in a press release.

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