Singapore’s sovereign wealth fund GIC will invest US$250M in EV battery maker Clarios at the IPO price, the company said Tuesday.
Sovereign Wealth Fund
Kohlberg & Co. closed a US$1.1B Continuation Vehicle deal, co-led by BlackRock, GIC and Lexington Partners, to take over the remaining assets of Kohlberg Investors VII, a 2012 fund.
GIC joined Lime Rock New Energy to invest in Qmerit, which provides installation services for EV charging stations.
GIC will acquire a “significant minority interest” in Brazil-based agricultural input maker Biotrop, a portfolio company of Aqua Capital.
GIC has allocated US$500M to a US$1B office property tie-up with Boston Properties and Canada Pension Plan Investment Board.
Singapore’s GIC, with Hellman & Friedman and funds managed by BlackRock Private Equity Partners, will buy a stake in Belron.
CAE completed the acquisition of L3Harris’ Military Training business for US$1.05B, in a deal with institutional backing from GIC and CDPQ.
GIC plans to invest around US$1B to acquire a minority stake in Biomat USA, a U.S. subsidiary of Spanish pharmaceutical company Grifols.
Singapore sovereign wealth fund GIC holds at least 5 percent of WCG Clinical, according to a prospectus filed Thursday.
Singapore sovereign wealth fund GIC has sold 484,395 shares in Leslie’s Inc., which provides supplies for swimming pools, at US$26.8108 each.
Chainalysis, which develops cryptocurrency investigation software, raised US$100M in a series E round led by Coatue, with GIC participating.
Singapore sovereign wealth fund GIC has finalized a deal with Malaysia’s Sunway to take a stake in Sunway Healthcare Holdings for MYR750M.