GIC

Elite Partners acquires Poland warehouse for more than 30m euros from GIC unit

A FUND of private equity firm Elite Partners Capital has acquired a warehouse in Mszczonow, Poland for more than 30 million euros (S$48.6 million) from P3 Logistics Park, a wholly-owned subsidiary...

Growth-stage funding gap holds back aspiring unicorns, say panellists

WITH early-stage startup investors chasing high return multiples and late-stage backers sticking to proven business models, a funding gap at the growth stage - also known as the Series C and D...

GIC-backed travel app Traveloka eyes dual listing, bets on fintech

[JAKARTA] Traveloka, South-east Asia's largest online travel startup, is looking to financial services to boost profits and could opt for a dual listing in Indonesia and another centre if the...

GIC, Temasek help drive sovereign funds' M&A deals to $34b in Q3

LONDON • Sovereign wealth funds increased their merger and acquisition (M&A) activity to US$24.6 billion (S$34 billion) in the third quarter, propelled by deals involving Singapore's GIC and...

Thailand, Philippine firms lead revival in South-east Asia IPOs; Singapore still in top spot

[SINGAPORE] Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on South-east Asian consumers...

What important innovation or idea is being overlooked today?

EVERYONE wants an early glimpse of the next big thing, a peek into the future. So we went to Asia to ask some leading investors, financiers, and technology executives for their take on what the...

Ex-Nasa, GIC tech heavyweights join Gojek and fintech startup TranSwap

RIDE-HAILING giant Gojek and fintech startup TranSwap have both named tech industry veterans to C-level roles based in Singapore, the companies announced separately on Tuesday.

GIC sees bright spots in technology

DESPITE the uncertain investment climate and outlook, Singapore's sovereign wealth fund, GIC, believes there are investment bright spots in technology.

Ex-GIC heavyweights bring heft to tech startups

SINGAPORE-BASED tech startups the likes of Razer and Grab are increasingly tapping GIC heavyweights to help steer their strategies forward.

Singapore's JustCo to lease 16-storey Seoul tower, seeks new markets

FLEXIBLE space operator JustCo is set to lease a 16-storey building in Seoul's Gangnam business district for its largest location, raising its bets on growing demand for co-working space, while...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...