GLP launches $1.6bn ‘logistics ecosystem’ fund

Gazeley g park biggleswade

Singapore-based logistics giant GLP, which paid £2.12bn for UK industrial group Gazeley at the end of 2017, has revealed its first fund investing outside real estate.

The $1.6bn (£1.18bn) Hidden Hill Modern Logistics Private Equity Fund is the only fund in China dedicated to investing in the logistics ecosystem and will be managed by Hidden Hill Capital, the private equity platform of GLP China. Investors in the Fund comprise long-term institutional investors and insurance companies including China Post Capital.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue