Wednesday, October 04, 2006

GIC of Singapore

Government Investment Corporation is the global investment management arm of the Singapore Government. Established in 1981 to manage Singapore’s foreign reserves, GIC has invested in more than 40 countries around the world with the bulk of the investment going to the US, Europe and Japan. It has global investments in excess of $100 bn and has an exposure of $100 mn to India. It has recently set its sights on Bangalore for realty development business.