GIC Special Investments
GIC to sell Springer Science+Business
GIC Special Investments, the PE arm of the Government of Singapore Investment Corporation, and EQT will sell global publisher Springer Science+Business Media to London-based BC Partners for a total enterprise value of around EUR 3.3 billion ($4.4 billion),...
TPG, Carlyle in talks for Fortis stake – report
TPG Capital India and The Carlyle Group are reportedly in talks to buy a 15-20% stake in Fortis Healthcare India, the listed chain of hospitals backed by Government of Singapore Investment Corp.
GIC-backed Fortis Healthcare India bolts on Fortis International
Fortis Healthcare, the listed India-based chain of hospitals backed by Government of Singapore Investment Corp. (GIC), has completed the bolt-on acquisition of Fortis Healthcare International for $665 million.
Sun Art listing delayed due to prospectus oversight
The Hong Kong listing of China’s largest supermarket operator Sun Art Retail Group has been postponed nearly two weeks due to an error in its IPO prospectus. The company, which recently priced its offering at the top end of the range to raise $1.1 billion,...
GIC names new private equity chief
Government of Singapore Investment Corp. (GIC), Singapore’s leading sovereign wealth fund, has appointed a new private equity head as part of a significant personnel shift that sees younger people move into senior roles.
Vehicles of the state
Closely followed yet widely misunderstood, sovereign wealth funds are making a big impression on private equity in Asia
Bain, GIC poised to take stake in India’s Hero Honda
Bain Capital and the Government of Singapore Investment Corporation (GIC) are reportedly nearing a deal with Hero Honda’s promoters, the Munjal family, to buy an up-to 12% minority stake in the motorcycle company. According to local and global reports,...
GIC, US, Oz realty funds plan to buy Centro's assets: reports
New York-based private equity real estate investment firm NRDC Equity Partners has joined forces with Australian real estate investor Lend Lease and the Government of Singapore Investment Corporation (GIC) to bid for trust assets held by Centro Properties,...
GIC exits complete holdings in China's Ruinian
GIC Special Investments, the Singapore state-owned private equity investment unit, is understood to have sold its complete remaining stake in Ruinian International Co., Ltd., a manufacturer of health-related products in China.
Adams Street recruits Soo from GIC SI
Leading fund of funds and private equity investment management group Adams Street Partners has recruited Yar-Ping Soo, previously Head of Asia/Emerging Markets at Singapore's GIC Special Investments (GIC SI), as Partner with its investment team.
Goldman, GIC pick up Taikang stake
A consortium of Goldman Sachs and a unit of the Government of Singapore Investment Corporation (GIC) has fulfilled earlier predictions by winnng the auction of the 15.6% stake in the PRC's Taikang Life Insurance Corp. formerly owned by French insurance...
Khazanah, Fortis – and GIC? – square off for Parkway
Execution risks, possible challenge, in partial offer
Khazanah seeks Parkway takeover
Malaysian SWF Khazanah Nasional is seeking to raise its stake in Parkway Holdings, the Singapore hospitals business recently exited by TPG Capital to India's Fortis Healthcare, from its present 23.5% to 51.5%, for some S$1.18 billion ($835 million).
GIC, Olympus investee China Minzhong boosts SGX PRC IPOs
Government of Singapore Investment Corporation (GIC) and Olympus Capital investee China Minzhong, a PRC vegetable producer and processor, is planning an S$237 million ($170 million) IPO in Singapore's biggest China listing since the GFC broke.
Axiom closes Fund II ahead on $950 million
Excess interest post-crisis shows Asia, brand appeal
GIC could lose $720 million
An announcement that New York-based property developer Tishman Speyer Properties and a unit of BlackRock will not be making a full scheduled debt payment on Manhattan Eastside properties Stuyvesant Town and Peter Cooper Village could cost the Government...