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GIC
GIC, also known as the Government of Singapore Investment Corporation, is a sovereign wealth fund that manages Singapore's foreign reserves. The company's headquarters are located at 168 Robinson Road, Capital Tower, in the central business district of Singapore. GIC manages a portfolio of global investments, including real estate, infrastructure, equities, and fixed income. The company's investments are spread across several sectors, including healthcare, technology, energy, and finance. GIC operates globally and has regional offices in the Americas, Europe, and Asia.
GIC was founded in 1981 to manage Singapore's foreign reserves and ensure long-term financial security for the country. The company is led by Lim Chow Kiat, who was appointed CEO in 2017. Lim has been with GIC since 1993 and has held several senior positions within the company, including President of Europe and Managing Director of GIC Special Investments. Under Lim's leadership, GIC has continued to grow its portfolio and invest in promising companies worldwide. The company has made several notable investments, including a $4.4 billion investment in the Abu Dhabi National Oil Company's pipeline assets and a $1.1 billion investment in Australia's largest health insurer, Medibank Private. GIC has also invested in several tech companies, including Airbnb, Tencent, and Ant Financial. In 2020, GIC's assets under management reached a record high of $488 billion, making it one of the largest sovereign wealth funds in the world. GIC has also been recognized for its commitment to sustainability and responsible investing, receiving several awards for its environmental, social, and governance (ESG) practices.
Company Details
Address
168 Robinson Rd, #37-01, Singapore 068912