GIC Private Limited (GIC)

GIC emphasises resilience of long-term real returns amidst challenging market conditions - THE EDGE SINGAPORE

Singapore economy

GIC emphasises resilience of long-term real returns amidst challenging market conditions

Over the 20-year period ended March 31, GIC’s portfolio achieved an annualised real rate of return of 4.6%.

Deals, joint ventures & alliances

GIC in JV with NYSE-listed RPT Realty REIT

(Dec 11): GIC, the sovereign wealth fund of Singapore, has formed a joint venture partnership with RPT Realty (RPT).

Fintech

GIC invests in Affirm's $200 mil Series E funding

SINGAPORE (Dec 14): Singapore state investment copany GIC led a $200 million Series E round of equity funding by Affirm.

GIC buys 95% stake in Deutsche US HQ at 60 Wall St

(Jan 25): GIC, Singapore’s sovereign wealth fund, bought a 95% stake in 60 Wall St., a 47-story tower in lower Manhattan that serves as the US headquarters of Deutsche Bank AG.
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