GIC Private Limited related stories
All articles and analysis
GIC names heads of Europe, AmericasThe Singaporean sovereign fund continues its management overhaul, appointing Lim Chow Kiat and Anthony Lim Weng Kin as respective regional heads.
- GIC appoints group president
Lim Siong Guan will take responsibility for the organisational development of GIC Asset Management, GIC Real Estate and GIC Special Investments. He will also manage the Singapore sovereign wealth fund’s public markets group.
- Gray, Grayken, Quille or dark horse?
Three industry titans vie for one prestigious PERE award. Have you cast your vote? Polls close on 3 February for the third annual PERE Global Awards and competition is fierce. Will MGPA or GIC take the Asian firm of the year award. Will Niam/Goldman Sachs beat competition from AIG for European exit of the year?
- Ex-GIC executive joins Vertex
Tay Choon Chong has left GIC to join Vertex, a wholly-owned subsidiary of Singapore's other sovereign wealth fund Temasek.
- Apax sells minority stake to GIC, Future Fund
None of the sale's proceeds have been used to cash out Apax GPs, but rather will be re-invested in a permanent capital vehicle that will invest in Apax funds.
- Credit Suisse hires two for Asian expansion
Former Bear Stearns senior managing director Steven Kwok and Standard Charter Private Equity's ex-Korea chief, Sokho Jung, will spearhead the Swiss bank's private equity expansion into Greater China and Korea.
- GIC to shift sights to private equity
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
- Apax to sell 10 percent stake
A trio of sovereign wealth funds is in negotiations to take a stake in the UK-based private equity firm, in a move that could value the company at around £1.5bn.
- TXU sells $1.25bn stake in electricity distributor
TPG, Kohlberg Kravis Roberts and Goldman Sachs have sold a minority stake in the electricity distribution arm of portfolio company Energy Future Holdings, formerly TXU. The sale is the first since the record $45bn buyout closed in October 2007.
- Nikko’s Australian team spins out to form Tasman Capital
After a tortuous process Tasman Capital Partners has acquired Nikko's Australian portfolio and is to launch a mid-market private equity fund for investments in Australia and New Zealand.