The logistics provider's Hidden Hill Modern Logistics Private Equity Fund will make technology-focused investments in the logistics sector.
Singapore-based logistics provider GLP launched a $1.6bn investment fund yesterday that will target the logistics ecosystem in China.
The fund will be managed by Hidden Hill Capital, the private equity arm of the corporate’s local subsidiary, GLP China, and its limited partners include unnamed insurance providers and long-term institutional investors, such as investment firm China Post Capital.
Hidden Hill Modern Logistics Private Equity Fund will be the only fund in China dedicated entirely to the logistics sector, according to GLP,…
