SPH to invest S$50 mil in new investment fund for aged care, healthcare assetsSINGAPORE (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 aged care and healthcare assets.
The partnership will see SPH invest seed equity of up to S$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.