GIC

Deal activity slowed to a crawl on the Friday before the May Day holiday. Other than a pre-SPAC move and a KKR real estate acquisition in Asia, we tracked little of note today.

Real estate allocations seemed to be on the upswing in February, with sovereign wealth fund GIC leading the way with a $15 billion partnership with Oak Street to invest in a net lease REIT. Over 65 allocations totaling $24 billion-plus ...

GIC partnered with Oak Street on a $15 billion acquisition of STORE Capital, a net-lease REIT that invests in single tenant operational real estate.

Advent International and Aurora Investment, a subsidiary of Singapore sovereign wealth fund GIC, have offered to buy all shares of biotechnology player Swedish Orphan Biovitrum (Sobi) for $8 billion and take the company private under Agnafit Bidco, a newly established ...

Kohlberg & Company is the latest firm to close the books on a continuation vehicle, raising $1.1 billion from key investors. The transaction was co-led by affiliates of BlackRock, GIC and Lexington Partners, and the continuation vehicle encompasses the remaining ...

Singapore sovereign wealth fund GIC has planned an additional $200 million investment with Cantor Fitzgerald’s SPAC CF Finance Acquisition Corp. II and View Inc. in a private investment in public equity issuance (PIPE). The fresh capital from GIC grows the ...

Singapore sovereign wealth fund GIC and the National Pension Service of Korea (KPS) have both partnered with alternative investment specialists in unique real estate investment strategies this month. The two deals combined total more than $2 billion and each have ...

Private markets are not only driving this ‘new age’ economy, they are also comprising a larger and larger slice of institutional investor portfolios and that is leading to some new realizations, according to Bruce Phelps, managing director and head of ...