GIC

SINGAPORE (Oct 18): Singapore sovereign wealth fund GIC announced Friday it has acquired PB6, a Grade A office tower in Paris.

(Sept 20): The head of one of the world’s largest sovereign wealth funds wants to get one thing straight – markets are becoming increasingly dire and investors face a very uncertain future.

SINGAPORE (Aug 19): Sovereign wealth fund GIC announced Monday it is acquiring a 25.1% stake in Lendlease International Towers Sydney Trust (LLITST) from Canada Pension Plan Investment Board and Australia-listed Lendlease Group.

(July 22): Buyout firm CVC Capital Partners and Singapore’s sovereign wealth fund GIC are among firms considering bids for a stake in the US$6.4 billion ($8.7 billion) European settlements giant Euroclear, according to people familiar with the matter.

SINGAPORE (July 5): The pressure is on for Singapore’s sovereign wealth fund GIC.

SINGAPORE (July 8): Singapore’s sovereign wealth fund GIC is treading carefully as the investment outlook turns more challenging. This comes as high valuations, slowing global growth and significant uncertainties could potentially lead to lower returns

SINGAPORE (July 3): Singapore sovereign wealth fund GIC said it is now more cautious about the investing environment than it was last year and is bracing for low returns due to high valuations and slowing economic growth.

(July 2): Singapore's sovereign wealth fund GIC and Canada's Brookfield Asset Management on Monday agreed to buy US freight railroad owner Genesee & Wyoming for about US$6.4 billion ($8.7 billion) in cash.

SINGAPORE (July 2): GIC, a global long-term investor and manager of Singapore’s foreign reserves, is betting big on the growth in demand for data centres.

SINGAPORE (June 13): GIC, global long-term investor and manager of Singapore’s foreign reserves, and data centre provider Polymer Connected today announced a partnership to develop a data centre campus in Jakarta, Indonesia.