Singapore's GIC to invest $421m in PE fund that controls Brazil fibre optic firm V.tal

Singapore's GIC to invest $421m in PE fund that controls Brazil fibre optic firm V.tal

Photo: Denny Müller / Unsplash

Singapore’s state investor GIC Pte Ltd is investing $421 million into a Banco BTG Pactual private equity fund that controls Brazilian fibre optic company V.tal, financial blog Brazil Journal reported on Tuesday.