GIC

GIC is pleased to deepen our partnership with Parafin by participating in their Series C fundraise, following our initial investment in the company in 2022. Parafin’s innovative embedded finance infrastructure transforms how small businesses access capital and manage their operations.   This go-forward capital will enable the company to scale existing products, ship new products, expand into new geographies, and deepen partnerships with platforms that support the global small business economy. GIC is proud of our unique ability to support companies, like Parafin, over the long-term and across different stages of growth.   Read more: https://lnkd.in/eQ6JEMcm #GIC #GICsg #Singapore #Finance #Investing #TechInvesting #VC

GIC is pleased to invest another US$150mn in Asia Healthcare Holdings (AHH), a single-specialty hospitals focused healthcare platform, following our initial investment in the company with TPG Growth in 2022. AHH, one of South Asia’s largest healthcare delivery platforms, has a unique approach to growing single specialty healthcare companies under one enterprise. To date, AHH’s network includes companies across Oncology, Mother and Childcare, IVF and Fertility, and Urology and Nephrology with established market leadership. “We are pleased to continue supporting AHH’s growth with our long-term capital, global network, and resources. As a long-term investor, we are confident in India’s single specialty healthcare sector, which has strong tailwinds for growth driven by increasing per capita income, urbanization, high awareness of specialty care, and improved supply of high-quality clinics. AHH’s potential to expand into newer sub-segments positions it well for continued success,” said Choo Yong Cheen, Chief Investment Officer of Private Equity for GIC. “Our additional investment reflects our confidence in AHH’s management team and the strength of its differentiated brands and diversified businesses. We look forward to deepening our partnership with Vishal and the AHH team in their mission to make quality healthcare more accessible and affordable in the market,” said Pankaj Sood, Head of Direct Investments, India and Africa, Private Equity for GIC. Read more here: https://lnkd.in/gBV5uF78 #GIC #GICSG #Singapore #investing #finance #healthcare #longterm

GIC is proud to co-lead the $10 billion Series J in Databricks, a leading data and artificial intelligence company, growing our longtime partnership. Our continued investment will support Databricks' growing Data Intelligence Platform, which helps organizations harness the power of their data for analytics, machine learning, and #AI applications. Read more: https://lnkd.in/ey8H5VDb #GIC #GICSG #Singapore #investing #finance #machinelearning #longterm

At GIC Insights 2024, GIC CEO Chow Kiat Lim highlighted three foundational shifts reshaping markets and the world: geopolitics, generative AI, and the climate transition. He spoke about the transition from a world order based on free-market principles to one increasingly driven by state interests, producing more acute event risks and a focus on security over efficiency. Chow Kiat also discussed the challenge of identifying the best sources of risk-return in the AI value chain and the often-underestimated risks and opportunities associated with climate change, particularly in climate adaptation. In response to these shifts, long-term investors must build resilient portfolios by doubling down on diversification, granularity, optionality, and partnerships. As we commemorate our 40th anniversary in the US, we celebrate these robust, long-standing partnerships GIC has forged over the last four decades. Read his full speech on #GICThinkSpace: https://lnkd.in/gxcNaBuw #GIC #GICSG #Singapore #investing #longterm #geopolitics #AI #climate

GIC CEO Chow Kiat Lim and President of the Americas Eric Wilmes spoke with Bloomberg to share more about our 40 years in the US, how we are capitalising on vast opportunities in the region, and our constructive work with long-term partners.   Despite market fluctuations over the past four decades, GIC has continued to grow our investments in the US based on long-term value and fundamentals of the market. This allows us to target durable trends and attractive market entry points as well as to support our partners and investee companies through both the good and challenging times.   Read the full story here: https://lnkd.in/gfkWXe8S   #GIC #GICSG #Singapore #finance #investing #longterm #US40

Join our GIC INSPIRES – Women Mentorship Programme to develop the skills and knowledge you need to thrive and make a meaningful impact in the finance industry. At GIC, we are committed to fostering an inclusive environment where women can excel, lead, and reach their full potential. Through this programme, you will:   1. Receive dedicated 1-1 mentorship from a GIC Investment Professional. 2. Explore career opportunities in investment and asset management at GIC. 3. Gain a head start in being considered for our GIC Internship or Professionals Programmes.   Join us and be part of a supportive community that values your unique contribution. Applications close on 7 Feb 2025.   Apply now at: https://lnkd.in/gXG7tN5P   Work at the Point of Impact #GIC #Finance #Investing #Mentorship #WorkatthePointofImpact

GIC spoke at this year’s Milken Institute Asia Summit, sharing our views on major investor themes including the evolving global macro environment, AI, and the energy transition.   In separate panels, GIC CEO Chow Kiat Lim, Group Chief Investment Officer Dr Jeffrey Jaensubhakij, and Head of Sustainability Emily Chew discussed US/China opportunities, the role of private equity in AI, and what GIC looks out for when financing the energy transition.   #GIC #GICSG #Singapore #Finance #Investing #LongTerm #MIGlobal

As an Assistant Vice President in our Legal & Compliance Department at GIC, Ting Wei provides legal advice to corporate services and public markets departments. Learn how Ting Wei’s expertise and dedication contribute to GIC’s success. Click the links below to read her full story and gain insights into her impactful work.   Read Ting Wei’s Story: https://lnkd.in/gbseCee8 Learn more about GIC’s Legal & Compliance Department: https://lnkd.in/gK5YjEqg   Work at the Point of Impact  #GIC #Finance #Investing #Legal #Compliance #WorkatthePointofImpact 

GIC has announced an agreement to jointly acquire a majority stake in Calisen alongside EQT Group. Calisen is a leading independent provider of smart meters and energy transition infrastructure in the UK, whose purpose is to accelerate the development of a cleaner, more efficient and sustainable energy sector. This long-term investment will support Calisen’s growth ambitions in the UK smart meter market and abroad, as well as expansion into adjacent sectors. Eng Seng Ang Seng, Chief Investment Officer, Infrastructure, GIC remarked: “We are pleased to be investing in Calisen, a high-quality business with a strong market position and good sector tailwinds. Through its integrated business model, Calisen owns, installs, reads and maintains the meters throughout their useful life. With its steady cash flows and long-term contracts, we are confident in Calisen’s growth potential as a core infrastructure investment.” George Kay, Head of Infrastructure, Europe at GIC, commented: “Smart meters have a crucial role to play in the energy transition. Whilst they are installed at the consumer’s home, they create value across the supply chain. Consumers can track their consumption and potentially lower their bills through access to different tariffs, while suppliers and grid operators can save costs. Our investment will support the roll out of meters across the UK and we look forward to working with management, EQT and Equitix to grow the business for the long term.” Read more: https://lnkd.in/e3WsmnCV

Over 40 years ago, GIC opened our first global office in New York. And the rest, as they say, is history.   In celebration of our 40 years in New York, we look back at the story of how this bold move – driven by our goal of securing Singapore’s reserves – has paid off.   #GIC #GICSG #finance #investing #longterm #US