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GLP raises $2.1bn

The Singapore-based firm has closed its China income fund.

  • Fund names: GLP China Income Fund I
  • Amount raised: 15 billion yuan
  • Stage of fundraising: Final close
  • Final close date: April 2020
  • Time on the road: Eight months

GLP has held a final close on GLP China Income Fund I on 15 billion yuan ($2.12 billion; €1.96 billion). The vehicle will invest in the core logistics sector in China.