Singapore Commits $300M To Real Estate Hedge Fund

Jan 17 2008 | 9:20am ET

Singapore’s investment arm has taken a minority stake in a California-based real estate hedge fund firm. The Government of Singapore Investment Corp. has also committed $300 million to a hedge fund investing in U.S. real estate securities run by Rosen Real Estate Securities, it said yesterday.

The city-state’s investment division said it sees opportunities amid the widespread downturn in the U.S. real-estate market.

Rosen is run by Kenneth Rosen, also a professor of real estate and urban economics at the University of California, Berkeley.


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