SAO PAULO (Reuters) - Singapore's sovereign wealth fund GIC is investing 100 million reais ($27.9 million) in Brazilian gym chain Smartfit Escola de Ginastica e Dança SA, Smartfit said in a securities filing.
With stores in Brazil, Mexico, Chile, Peru and the Dominican Republic, Smartfit has among its shareholders the Brazilian family Corona and investment firm Pátria Investimentos Ltda, which has a partnership with U.S. buyout firm Blackstone Group LP.
Smartfit, Pátria and GIC did not immediately comment on the matter.
($1 = 3.58 reais)
(Reporting by Alberto Alerigi; Writing by Carolina Mandl; Editing by Susan Thomas)
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