Welcome!
GIC
Company in the news
Sequoia, GIC invest in TPG’s Novotech at US$2.3 bil valuation
The Sydney-based firm has increased revenues by more than 30% a year under TPG’s ownership since 2017.
February 02, 2021
Company in the news
GIC, Siemens, Fidelity Management and Mubadala invest a combined US$720 mil in ThoughtWorks
According to ThoughtWorks, the proceeds will be used to repurchase equity from existing investors.
January 15, 2021
IPO
Shanghai and Hong Kong exchanges suspend Ant Group's US$37 bil dual IPO
This IPO, raising US$37 billion, is the world's largest
November 03, 2020
Finance
Hedge fund investor Dalio sends US$25 mil to start Sustainable Market Principles Program at WMI
Dalio's principles can be applied to policy-making and not just investing, says WMI CEO Foo Mee Har
October 21, 2020
Property
Yanlord and GIC to co-invest up to $1.38 billion in China residential projects
The co-operation will last seven years with an option to extend by another two years
August 04, 2020
Funds
Singapore nudges Temasek, GIC to see what more they can disclose
Income from national reserves and investments managed by GIC, Temasek and the Monetary Authority of Singapore is one of the largest contributors to government revenue.
March 01, 2020
Budget 2020
Singapore leans more heavily on returns from GIC, MAS, Temasek
SINGAPORE (Feb 21): The net investment returns contribution (NIRC) is expected to be the single largest contributor to Singapore’s coffers this year under Budget 2020.
February 21, 2020
M&A
GIC joins other big name investors to acquire stake in American Express travel unit
(Dec 18): American Express Global Business Travel said Carlyle Group and several big name investors are buying a stake in the corporate travel company.
December 18, 2019
Global Economy
Briefs
SINGAPORE (Nov 11): “The system of making capitalism work well for most people is broken.” — Ray Dalio, founder of hedge fund Bridgewater Associates
November 08, 2019
