
GIC: Singapore's sovereign wealth fund, managing foreign reserves since 1981.
gic.com.sgCrawled Oct 14, 2026
GIC announced senior management changes effective 1 October 2026. Choo Yong Cheen, currently CIO for Private Equity, will also become Deputy Group Chief Investment Officer.
News and resources on GIC’s activities
GIC lists job openings online.
Frequently Asked Questions
The Government of Singapore mandates GIC to manage Singapore’s foreign reserves with the aim of achieving good long-term real returns.
The company is a global long-term investor.
The company has offices around the world.
The company’s common purpose is securing Singapore’s financial future.
The funding comes as Ramp's annualized revenue crosses $2B, and its customer count reaches 85,000.
Oct 2026 · TechCrunchNews article
Jeeves raises $110 million in equity funding, led by CoinFund, to launch a stablecoin wallet with payouts in 190 countries. Its platform supports corporate cards, accounts payable, treasury payments, spend management and agentic workflows, and serves customers including BMW, H&M, Lululemon and Burger King. Jeeves reports more than $5 billion in annualized platform volume and says stablecoin-settled activity represents $1.5 billion in annualized revenue; it is also expanding its stablecoin card offering from 25 to 35 countries.
Sep 2026 · SiliconAngleNews article
Crusoe raises $3.9 billion in a Series F round that values the data center developer at $30.9 billion. Atreides Management, Mubadala Capital, and Valor Equity Partners co-lead the round, with Founders Fund, GIC, Nvidia, QIA, Radical Ventures, and TPG also participating. The funding will finance projects including its Abilene, Texas, site used by OpenAI and Spark, truck-transportable modular AI factories. Crusoe leases data center space, rents GPUs, and sells compute for AI inference.
Sep 2026 · TechCrunchNews article
Singapore's GIC increased its allocation to U.S. equities in the year to March 2025 despite expectations that high valuations could provide a headwind. The move reflects confidence in long-term American corporate earnings growth.
Oct 2025 · Top1000funds.comNews article