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Posts Tagged ‘GIC’

26 April 2016

GIC expands senior leadership team, appoints new CIO for PE

singapore-864879_1920 Singaporean sovereign wealth fund GIC has appointed Yong Cheen Choo as its chief investment officer for private equity.

20 April 2016

GIC agrees minority stake buy in ITC Holdings for $1.2bn

power-lines-1031035_640 Singapore sovereign wealth fund GIC will acquire a 19.9 per cent stake in US electricity transmission company ITC Holdings from Canadian utility group Fortis for around $1.2bn in cash.

4 April 2016

Silver Lake buys stake in privately held Ancestry.com

father-656734_960_720 US private equity firm Silver Lake Partners has purchased a minority stake in Ancestry.com in a deal that values the privately held family history website at $2.6bn. Singapore’s sovereign wealth fund GIC, an existing investor in Ancestry, will also increase its stake in the business to hold an equal minority ownership position to Silver Lake.[...]

10 March 2016

UPDATE – VSS doubles money on Navtech exit $

sunset-91428_640 Veronis Suhler Stevenson (VSS) has scored two-times return from the minority stake sale in Canadian business Navtech to Airbus, AltAssets undestands.

24 February 2016

GIC invests $387m in Indonesia’s Trans Retail

indonesia Singapore sovereign wealth fund GIC has backed CT Corp’s retail arm, Trans Retail, with an IDR5.2tn ($387m) investment.

19 February 2016

Warburg exits QuEST to Advent, Bain Capital, GIC in $350m deal

board-780321_640 Global private equity firm Warburg Pincus has agreed to sell its 20 per cent stake in QuEST Global Services to Advent International, Bain Capital, GIC for some $350m.

20 January 2016

Carlyle, Symantec reduce agreed $8bn Veritas buyout price over deal ‘uncertainties’

hard-disk-1071668_1920 US buyout major Carlyle and tech company Symantec have revised down the $8bn purchase price for the latter's Veritas data storage unit over "uncertainties" about the transaction.

5 January 2016

LP heavyweights CPPIB, GIC invest in US university housing through $1.4bn direct deal

knowledge-1052009_1920 LP giants the Canada Pension Plan Investment Board and GIC have taken part in a joint venture to buy US student housing portfolio University House Communities Group in a $1.4bn deal.

2 December 2015

BTG Pactual sells remaining Rede D’Or stake to GIC amid emergency revamp

hospital-bed-521961-m Brazilian investment bank BTG Pactual will sell a stake of around 26 per cent in hospital operator Rede D'Or to Singapore's sovereign wealth investor GIC for BRL 2.38bn ($618m), AltAssets can reveal.

19 November 2015

GIC, RCIF, Goldman Sachs, Silverlink back $200m Series C round in Asian TutorGroup

tux-161406_1280 Singapore sovereign wealth investor GIC, the Russia-China Investment Fund (RCIF), Goldman Sachs and Chinese PE firm Silverlink Capital were new investors in a $200m round for TutorGroup.

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