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GIC Private Limited

Company Summary

Description

GIC is a leading global investment firm with well over US$100 billion in assets under management. Established in 1981 to secure the financial future of Singapore, the firm manages Singapore’s foreign reserves. With its disciplined long-term value approach, GIC is uniquely positioned to invest in both the public and private markets, including equities, fixed income, real estate, private equity and infrastructure. In infrastructure, GIC’s primary strategy is to invest directly in operating infrastructure assets with a high degree of cash flow visibility and which provide a hedge against inflation. These include mature, low to moderate-risk assets in developed markets, complemented by investments with higher growth potential in emerging markets. GIC employs over 1,300 people across offices in Singapore, Beijing, London, Mumbai, New York, San Francisco, Sao Paulo, Seoul, Shanghai, and Tokyo.

Website

http://www.gic.com.sg/

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Company Transactions

Date: 12/31/2020
Type: Acquisition

NOTES:
Abu Dhabi is closing in on a deal to sell a stake in natural gas pipelines to a group led by Global Infrastructure Partners and Brookfield Asset Management. The purchase would include a 49% stake in the pipelines as soon as this month, with the pipes valued in excess of $15 billion.
REGIONS:
  • Middle East
  • Date: 8/6/2019
    Type: Acquisition

    NOTES:
    GIC acquired a 6% stake in Adnoc Oil Pipelines for $600 million.
    REGIONS:
  • Middle East
  • Date: 5/20/2019
    Type: Acquisition

    NOTES:
    Five Point Energy sold a minority equity stake in WaterBridge Resources LLC to GIC, with the purchase price implying a WaterBridge enterprise value of roughly $2.8 billion.
    REGIONS:
  • Delaware Basin