BlackRock, GIC consider sale of UK gas pipeline assets
BLACKROCK and Singaporean sovereign wealth fund GIC are exploring the sale of a network of gas pipeline assets in the United Kingdom...
Google billionaire family office hires ex GIC head of sustainability for green deals
THE family office of Google co-founder Sergey Brin has hired the former head of sustainability for Singapore’s sovereign wealth fund to help...
Nium snags payments licence in Japan
GIC and Temasek-backed payments startup Nium has secured a payments licence by Japan’s financial regulator to handle large-amount transactions in the country.
GIC makes senior leadership changes, appoints new COO
SINGAPORE sovereign wealth fund GIC’s current deputy chief operating officer Sam Kim will be appointed as COO as part of a wider...
Blackstone to sell luxury US hotel for US$705 million
BLACKSTONE struck a deal to sell the Arizona Biltmore hotel in Phoenix to Henderson Park, a London-based private equity real estate manager.
GIC seeks to sell Hilton hotel in Japan for over 85 billion yen
SINGAPORE sovereign wealth fund GIC is considering selling a 1,053-room hotel in western Japan, and has been marketing the property to potential...
GIC slips from top spot as most active state-owned investor in 2023: report
FOR the first time in six years, Singapore’s GIC lost its top spot as the most active state-owned investor (SOI) globally in...
Saudi sovereign wealth fund splashes cash in 2023: report
SAUDI Arabia’s Public Investment Fund accounted for about a quarter of the almost US$124 billion spent by sovereign wealth funds worldwide last...
Agritech startup Vegrow raises US$46 million in Series C round led by GIC
INDIA-BASED business-to-business (B2B) fruits marketplace Vegrow has bagged US$46 million in primary and secondary funding in a Series C funding round led...
GIC to buy out partner to become majority shareholder of reinsurance broker Miller
SINGAPORE’S GIC has agreed to buy out its partner’s stake in UK specialist insurance and reinsurance broker Miller.