GIC

Onex seals US$1.6 billion continuation fund as it eyes expansion

Singapore’s GIC, Neuberger Berman, Apollo Global Management’s S3 and and StepStone Group are backing the fund

During Simon Carter’s tenure, British Land has expanded its retail park portfolio to offset valuation pressures on its commercial assets resulting from the Covid-19 pandemic.

British Land CEO Carter set to leave to lead GIC-backed P3 Logistics

[BENGALURU] British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group said in a statement on Monday (Jan 12).

Fang Fenglei's Hapu Investment Management is planning to base its headquarters in Singapore, and is awaiting approval for a licence.

China’s private equity trailblazer Fang Fenglei faces doubts on returns, succession

After weak returns, slow dealmaking and leadership churn, Hopu sees backers Temasek, GIC and CIC rethink support

Senior Minister of State for Finance Jeffrey Siow says: “We will continue to review their mandates and performance regularly in line with changes in the global economic investment landscape."

Returns generated by GIC, Temasek ‘reasonable and within expectations’: Jeffrey Siow

Temasek operates mainly as a ‘bottom-up investor’, while GIC’s mandate is to preserve the international purchasing power of its assets under management

Shares of MiniMax, one of China’s largest generative AI startups that is seen as a challenger to OpenAI, are set to start trading in Hong Kong on Jan 9.

Baillie Gifford, GIC are said to buy shares in MiniMax’s HK$4.8 billion Hong Kong IPO

Norway’s Norges Bank Investment Management and asset manager Schroders are also among buyers, sources say

GIC is highlighted in Global SWF's report as being “well-positioned” in the digital infrastructure and data centre segments.

Temasek, GIC investments flat at US$31 billion even as global peers’ activity rises: report

GIC remains the world’s ‘most prolific’ co-investor, deploying US$44.9 billion since 2018

National Storage Reit operates more than 270 centres across Australia and New Zealand.

GIC, Brookfield buy Australia-listed National Storage Reit for A$4 billion

Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash

The company will leave its current place in Pacific Century Place Marunouchi, a building in which it owns a stake, and move into Shin-Marunouchi Building in early January.

Singapore wealth fund GIC moving to bigger office in Tokyo finance zone

It wants to strengthen its presence in Japan as financial markets gain momentum

GIC, one of the world’s largest sovereign wealth funds, does not publicise its assets under management.

Brookfield, GIC bid for National Storage in A$4 billion deal

The Sydney-listed company operates more than 270 storage centres across Australia and New Zealand

The deal was funded by GIC and partners. Vantage says the campus was originally financed through a green loan and features sustainability-focused technologies, including direct-to-chip liquid cooling.

Vantage Data Centers completes JS-SEZ campus buyout after US$1.6 billion GIC-led injection

Additional capital earmarked for the further growth of Vantage’s Apac platform