USA > Singapore based GIC buys 30% of BBAM, California

GIC_business_logo photoshoped Sovereign wealth fund based in Singapore, GIC, buys 30% of BBAM, one of the world’s largest manager of investments in leased commercial jet aircraft. GIC bought the stake from BBAM management team and private equity firm Onex Group. After this transaction, all three shareholders will hold a minority stake in BBAM. GIC had committed investment to Incline Aviation, the aircraft More …