GIC
Equinix, GIC & CPP Investments to form $15B JV to expand hyperscale data centers in US
Under the terms of the agreement, CPP Investments and GIC will each control a 37.5 percent equity interest in the joint venture, and Equinix will own a 25 percent equity interest. Each party has made equity commitments, and the joint venture also expects to take on debt to raise the total pool of investable capital to more than $15 billion over time.
Singapore’s GIC acquires logistics facility in Yokohama, Japan
GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.
Singapore’s GIC bets on Latin American infrastructure companies, targets smaller tech firms – report
GIC Pte Ltd, Singapore's sovereign wealth funds, is making an outsized bet on Latin American infrastructure, while targeting smaller technology companies in the region
Singapore’s GIC invests in Aichi logistics facility developed by Daiwa House Industry
GIC, a Singapore-based investment firm, has announced that it will acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area.
Korean digital content distribution firm RIDI gets $100B funding led by Singapore’s GIC
RIDI Corporation has signed definitive agreements to receive an investment of KRW 120 billion ($100 million) led by Singapore’s sovereign wealth fund GIC. Korea Development Bank, NVESTOR, and Atinum Investment also participated in this investment. As a result, RIDI has been recognized as the first unicorn startup in Korea’s content platform industry with an…
GIC-backed VNG mulls $3 billion SPAC listing – report
VNG’s potential listing plan also came as more Southeast Asian tech firms were planning US listings through mergers with blank-check companies.
Indonesia e-commerce unicorn Bukalapak receives backing from state-owned banks in a $234M venture round
The company plans to use its fresh capital to increase its user base of warungs (mom and pop stores), micro, and small businesses in Indonesia. The company’s strategic partnerships with both state-owned banks will also give its user base access to more products and services that the banks offer.
