Government of Singapore Investment Corporation (GIC)

Company description

GIC Pte. Ltd., formerly known as Government of Singapore Investment Corporation Pte Ltd., is a sovereign wealth fund of the Government of Singapore. The firm manages foreign exchange reserves of the Government of Singapore. It invests directly and through external fund managers in start-ups, growth companies, pre- and post-listed companies. The firm provide seed capital via venture capital funds. It invests in the unlisted public and private equity with a focus on health care, operating infrastructure, financial and business services as well as natural resources, real estate, fixed income, and alternative markets including foreign exchange, commodity, and money markets across the globe. The firm seeks to invest in the technology sector in China. The firm invests through its subsidiaries GIC Asset Management Pte Ltd., GIC Real Estate Pte Ltd., and GIC Special Investments Pte Ltd. Government of Singapore Investment Corporation was founded in 1981 and is based in Singapore with additional across Asia, North America, South America, and Europe.

Company details

City:
Singapore

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 13, 2020

    USD3.4bn road concession awarded in Brazil

    Transport Agency of the State of Sao Paulo (Artesp) in Brazil has announced consortium formed by Patria Investments and GIC sovereign wealth fund as winning bidder for Piracicaba-Panorama, a...

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  • December 23, 2019

    KKR and GIC complete investment in Metro Pacific Hospitals

    Kohlberg Kravis Roberts & Co. (KKR) and GIC Private Ltd. have completed an investment of PHP 35.3 billion (US$ 0.69 billion) in the hospital unit of Metro Pacific Investments Corp.  Metro Pa...

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  • November 13, 2019

    Antin sells Kellas Midstream to BlackRock and GIC

    Antin Infrastructure Partners, a private equity firm focused on infrastructure investments, has signed an agreement to sell Kellas Midstream to BlackRock’s Global Energy & Power Infrastructu...

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  • October 14, 2019

    Abertis, GSIP enters agreement for Red de Carreteras de Occidente (RCO) stakes sale

    Abertis and an affiliate of global institutional investor GIC (GIC), an investment firm that manages Singapore’s foreign reserves, have reached an agreement with Goldman Sachs Infrastructure Par...

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  • October 11, 2019

    Abertis and GIC to acquire 70% stake in Red de Carreteras de Occidente

    Abertis and an affiliate of global institutional investor GIC (GIC), have reached an agreement wit Goldman Sachs Infrastructure Partners (GSIP) and its affiliates to acquire the funds’ 70% stake...

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  • August 08, 2019

    GIC sovereign wealth fund invests in IRB Infrastructure Developers’ toll roads

    The Government of Singapore Investment Corporation (GIC) sovereign wealth fund, GIC Private Limited has invested in IRB Infrastructure Developers Ltd road platform in India for a total commi...

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  • July 10, 2019

    GMR to sell four road projects to pay debt

    GMR Infrastructure will sell stakes in four operational road project and monetize part of industrial land holdings in India to pay-off debt. GMR is planning to complete the sale in 2019. GMR owns and...

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  • July 02, 2019

    Genesee & Wyoming to be Acquired by Brookfield Infrastructure and GIC

    Genesee & Wyoming Inc. (G&W), together with Brookfield Infrastructure, GIC and Brookfield Infrastructure’s institutional partners (Consortium), announced an agreement pursuant to wh...

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  • March 01, 2019

    GIC, Mitsubishi Corp in talks to acquire 25-30% stake in GMR Airports

    Singapore's GIC and Mitsubishi Corporation are reportedly in talks with GMR Infrastructure to acquire minority stakes in its subsidiary that focuses on the aviation sector, GMR Airports. The companies...

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