GIC

GIC (Government of Singapore Investment Corporation) is a leading global long-term investor, established in 1981 to manage Singapore's foreign reserves. As one of the world's largest and most respected sovereign wealth funds, GIC operates with a mandate to preserve and enhance the international purchasing power of these reserves over the long term. With a diversified portfolio spanning over 40 countries and across various asset classes, including public equities, fixed income, real estate, private equity, and infrastructure, GIC's global footprint is significant, supported by offices in major financial hubs worldwide. The fund manages well over US$700 billion in assets, underscoring its substantial financial capacity and influence in global markets.

GIC's investment strategy is characterized by its patient, long-term approach, often taking a counter-cyclical view and seeking value across market cycles. In the private markets, GIC is a prominent investor, acting both as a limited partner in top-tier private equity and venture capital funds globally, and as a direct investor in growth-stage and late-stage companies. Their direct investments typically target high-growth businesses with strong market positions and proven business models, often participating in large, complex funding rounds. GIC is known for its ability to deploy significant capital, often partnering with other institutional investors or strategic co-investors.

For direct equity investments in private companies, GIC typically focuses on substantial growth and pre-IPO rounds, rather than early-stage venture capital. While specific check sizes can vary widely based on the opportunity and the company's stage, GIC's initial direct investments generally range from approximately US$50 million for significant minority stakes to over US$300 million for larger strategic positions. Their involvement often brings not only capital but also strategic guidance and access to a global network, making them a sought-after partner for companies looking to scale internationally. This strategic capital deployment reflects their commitment to long-term value creation across their diverse portfolio.