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Singapore Sovereign Wealth Fund

GIC emphasises resilience of long-term real returns amidst challenging market conditions - THE EDGE SINGAPORE

Singapore economy

GIC emphasises resilience of long-term real returns amidst challenging market conditions

Over the 20-year period ended March 31, GIC’s portfolio achieved an annualised real rate of return of 4.6%.

M&A

CVC and GIC said to be among firms eyeing stake in Euroclear

(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.

Disruption and Digitalisation

South Korean firm Yanolja that reinvented love hotels gets GIC, Booking funding

(June 11): Yanolja’s gentrification of South Korean love hotels has brought the company a valuation of more than US$1 billion ($1.4 billion) from investors keen to capitalise on the globalisation of a novel approach to short-stay accommodation, its chie

GIC, Blackstone, Cindat said to bid for LendLease senior housing

SINGAPORE (June 21): Singapore sovereign wealth fund, GIC Blackstone Group LP and China’s Cindat Capital Management are among bidders for a 50% stake in LendLease Group’s Australia senior housing business, which could fetch about A$1 billion ($757 mil
Epicentrum XXI in Jakarta

GIC invests $370 mil in Indonesia cinema operator

SINGAPORE (Dec 5): Singapore sovereign wealth fund GIC has announced it is investing 3.5 trillion Indonesian rupiah ($370 million) in Indonesia cinema operator PT Nusantara Sejahtera Raya (NSR).

GIC targets Aussie retirement village following US acquisition

SINGAPORE (Sept 19): Singapore’s GIC is looking to add Aussie retirement village owner, National Lifestyle Villages (NLV) to its portfolio, according to an online report by Australia Financial Review.
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