By Kevin McCauley
Patton Boggs has signed up Temasek Holdings Ltd., which is Singapore’s sovereign wealth fund with global assets of more than $193B.
The D.C. firm is to counsel Temasek on developments in the “trans-pacific partnership,” according to its engagement letter.
PB partners Frank Samolis and Joseph Brand councel Temasek under the three-month deal, worth $90K. The pact is renewable for another three-month period at Temasek’s option for the fixed monthly fee of $30K.
Temasek’s North America chief is Gregory Curl. He was BankAmerica’s vice chairman/corporate development and chief risk officer before joining Singapore’s investment arm in 2010.
In April, Temasek made news by purchasing a portion of Goldman Sachs’ stake in Industrial and Commercial Bank of China for $2.3B.
ICBC, one of China’s Big Four state-owned banks, claims to be the world’s No. 1 bank ranked by overall profit and market capitalization.
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