Latest News for: Singapore wealth fund

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IRB Infrastructure to raise Rs 5,347 crore via preferential issue of shares

The Times of India 26 Oct 2021
... to a subsidiary to Spanish infrastructure company Ferrovial S.A and an affiliate of Singapore’s sovereign wealth fund GIC, the Mumbai-headquartered company said on Tuesday.
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IHCL-GIC’s ₹4,000-cr stressed assets fund may make its first buy soon

Business Line 26 Oct 2021
Indian Hotels Company Limited (IHCL) and the Singapore sovereign wealth fund GIC will soon activate the ₹4,000-crore platform set up in 2019 to acquire stressed assets in the hospitality space. The fund has been lying dormant since it was launched two years back because of the Covid-19 pandemic, according to a source close to the venture ... ....
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Crypto exchange FTX reaches $25 billion valuation

Live Mint 21 Oct 2021
Cryptocurrency exchange FTX reached a valuation of $25 billion in a new funding round that includes heavyweights from traditional finance, such as the Ontario Teachers’ Pension Plan and funds managed by BlackRock Inc ... bitcoin-focused exchange-traded fund. Singapore’s sovereign-wealth fund Temasek Holdings Pte.
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Abu Dhabi wealth fund to lead GoTo's pre-IPO funding with $400 mln

Reuters 20 Oct 2021
Backed by investors such as Alibaba Group Holding (9988.HK), Softbank Vision Fund and Singapore wealth fund GIC, GoTo is among the firms to benefit from more people flocking to digital platforms during pandemic lockdowns that confine them to homes.
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The battle for British supermarket group Morrisons

Metro USA 19 Oct 2021
(Reuters) – Shareholders in Morrisons, Britain’s fourth-largest supermarket group, on Tuesday approved a 7 billion pound ($9.7 billion) agreed takeover by U.S. private equity firm Clayton, Dubilier & Rice (CD&R) ... June 19 ... June 30 ... July 3 ... Schneps Connects ... Singapore’s GIC sovereign wealth fund joins Fortress-led consortium ... Aug ... .
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German fintech N26 valued at more than $9 billion after fundraising

Metro USA 18 Oct 2021
N26’s smartphone banking app offers a scalable, low-cost model that has already attracted backing from, among others, insurer Allianz, Singapore’s sovereign wealth fund GIC, Chinese internet giant Tencent, venture capital firm Earlybird and Silicon Valley investor Peter Thiel.
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SC's industrial real state market lures Singapore-backed investor

The Post and Courier 17 Oct 2021
Thorne HealthTech's Summerville building was the priciest among the South Carolina industrial properties that a Singapore sovereign wealth fund bought this month ... Against that backdrop, White isn't at all surprised that "a sovereign wealth fund from Singapore is being advised to invest in industrial real estate" in places like South Carolina.
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GIC-backed clinical trial firm WCG withdraws US IPO plans

Straits Times 14 Oct 2021
BENGALURU (REUTERS) - WCG Clinical, a clinical trial solutions company backed by Singapore's sovereign wealth fund GIC, on Wednesday (Oct 13) filed to withdraw its initial public offering (IPO), joining a list of companies that pulled the plug on their offerings in recent weeks ... ....
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Nazara Technologies eyes expansion in US, Europe

The Times of India 13 Oct 2021
“We are looking at expanding our M&A team outside India ... Last week, the company raised funds from Gamnat Pte, an investment firm managed by Singapore’s sovereign wealth fund GIC, and Ahmedabad-based Plutus Wealth Management ... Nazara's IPO in March had a secondary share sale component worth Rs 583 crore, and the company did not raise fresh funds ... .
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Fertiglobe IPO price range implies equity value of up to $6bn

Arab News 13 Oct 2021
The company, which makes fertilizers and clean ammonia products, also said in a statement it secured Inclusive Capital Partners, Abu Dhabi Pension Fund and Singapore sovereign wealth fund GIC as cornerstone investors in the offering.
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Fertiglobe IPO price range implies equity value of up to $6 billion

Gulf News 13 Oct 2021
The maker of fertilisers and clean ammonia products also said in a statement it had secured Inclusive Capital Partners, Abu Dhabi Pension Fund and Singapore sovereign wealth fund GIC as cornerstone investors ... fund manager, on to the Fertiglobe board of directors after the listing.
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KSUM-backed startup raises Rs 753 crore from global firms

The Times of India 13 Oct 2021
Singapore’s sovereign wealth fund Temasek led the round, and Google and Japan’s SBI Investment, as well as existing investors Tiger Global and 3one4 Capital participated in it, said a press statement from the firm ... The funding of Open is the latest in a series of investments made by Google in India in the past one year.
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Fertiglobe IPO price range implies equity value of up to $6 bln

Reuters 13 Oct 2021
The maker of fertilisers and clean ammonia products also said in a statement it had secured Inclusive Capital Partners, Abu Dhabi Pension Fund and Singapore sovereign wealth fund GIC as cornerstone investors ... fund manager, on to the Fertiglobe board of directors after the listing.
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ADNOC and OCI's 'Fertiglobe' announces offer price range, opening of subscription period for its IPO ...

Urdu Point 13 Oct 2021
("In-Cap"); Abu Dhabi Pension Fund, and GIC Private Limited, Singapore’s Sovereign Wealth Fund ... The Fund was founded in 2000 to manage contributions, pensions and end-of-service benefits for UAE nationals working in or retired from the government and private sectors in the Emirate ...
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More global biggies line up for Paytm's $2.2-billion IPO

The Times of India 12 Oct 2021
Besides the new investors, funds from Europe have also evinced interest in its ... Last week, ET reported that sovereign wealth funds and financial investors such as the Abu Dhabi Investment Authority, Singapore's GIC, and BlackRock are in talks to invest in Paytm as anchor investors.
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