Weekly investors roundup: Korea's KTCU doubles down on CalSTRS JV; GIC pushes further into Australia logistics; Alibaba co-founder flees US stocks
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.
TOP NEWS OF THE WEEK
Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California State Teachers' Retirement System (CalSTRS) signed an investment partnership agreement on Aug. 30, KTCU said on September 7.
Under the agreement, the two parties will review starting a second joint venture for real estate, invest in a broader range of assets and strengthen their business collaborations. KTCU and CalSTRS signed an agreement to l…
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