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 the foreign exchange reserves of the Government of Singapore. It invests directly and through external fund managers in start-ups, growth companies, and pre-and post-listed companies. The firm provides 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 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
Address:
168 Robinson Road #37-01 Capital Tower Singapore 068912

Participation in projects

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

Company updates

  • March 27, 2024

    Ferrovial acquired 24% of IRB Infrastructure Trust for USD 803 million

    Spanish contractor Ferrovial has bought a 24% stake in Indian road builder IRB Infrastructure Trust for EUR 740 million (US$ 802 million). Out of the total EUR 740 million (US$ 802 million) deal, EUR...

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  • May 08, 2023

    GIC confirmed acquisitions of stake in RAILPOOL

    The Railpool Group (RAILPOOL) confirmed that Singapore’s sovereign wealth fund (GIC) has acquired a 27% stake in the business from co-owner Palladio Partners.  RAILPOOL, which operates in...

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  • December 26, 2022

    Aegea wins privatization auction of Brazil's Corsan

    A consortium comprised of firms Aegea, Perfin and Kinea has won the privatization auction of a Companhia Riograndense de Saneamento (Corsan) in the southern state of Rio Grande, Brazil.  Corsan&...

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  • November 02, 2022

    IRB Infra and GIC invest in Ganga Expressway PPP project in India

    IRB Infrastructure Developers has announced the IRB Infrastructure Developers’ Ganga Expressway public-private partnership (PPP) Project in Uttar Pradesh has completed equity raise of...

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  • August 17, 2022

    WSP to acquire RPS Global Plc

    WSP has reached an agreement to acquire RPS Global Plc. WSP and a subsidiary of WSP will acquire the entire share capital of RPS at GBP2.06 (US$2.48) per share. The enterprise value of the transaction...

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  • June 29, 2022

    GIC, OMERS Infrastructure, and Wren House to acquire DCLI

    GIC, OMERS Infrastructure and Wren House have signed an agreement to jointly acquire Direct ChassisLink Inc. (DCLI) from investment funds managed by Apollo and EQT. Direct ChassisLink Inc. (DCLI) is...

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  • September 10, 2021

    GIC closes first phase of minority investment in Duke Energy Indiana

    Duke Energy has completed the first of a two-phase sale transaction with GIC, receiving cash proceeds of US$1.025 billion in exchange for an 11.05% minority interest sale of Duke Energy Indiana (DEI),...

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  • June 25, 2020

    Consortium to invest $10bn in 49% of UAE Gas Pipeline Assets

    The Abu Dhabi National Oil Company (ADNOC) has entered into an agreement with a consortium of investors comprising Global Infrastructure Partners (GIP), Brookfield Asset Management, Singapore&rsq...

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  • May 18, 2020

    Largest highway concession contract signed in Brazil

    On May 15, Artesp (Sao Paulo State Transport Agency) in Brazil signed the concession agreement for the operation of the Piracicaba-Panorama road project (PiPa lot) with a special purpose vehicle Eixo...

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  • 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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