Both parties will be jointly responsible for raising additional funds as well as sourcing for suitable assets for the fund.
SINGAPORE (Oct 16): Singapore Press Holdings, via its wholly-owned subsidiary, SPH JPAM, has entered into a strategic partnership with asset managers Bridge C Capital Inc to set up an investment fund focused on investing in aged care and healthcare assets.
The partnership will see SPH invest seed equity of up to $50 million into the fund, while Bridge C will be the asset manager for the properties in Japan acquired by the fund, focusing on marketing, deal sourcing, and management expertise.
