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Japan is pursuing investments of up to $21 billion in two GlobalFoundries semiconductor facilities in New York as part of its broader $550 billion U.S. investment framework. GlobalFoundries is majority-owned by Abu Dhabi’s Mubadala Investment Company, connecting Japanese investment initiatives with an established GCC-backed U.S. semiconductor manufacturer. The initiative highlight...
20 October 2026
Singapore’s GIC is forming a 50:50 joint venture with UK-listed Primary Health Properties involving a portfolio of 27 private hospitals valued at approximately £700 million. The partnership is expected to generate approximately £500 million in proceeds for Primary Health Properties, supporting debt reduction while providing GIC with exposure to UK healthcare real estate. The trans...
19 October 2026
Singapore's GIC has acquired a portfolio of 16 Marriott operated hotels in Japan, reportedly for approximately ¥125 billion ($800 million), reflecting continued institutional interest in Japanese real estate and hospitality. The midscale hotels operate under the Four Points Flex by Sheraton brand and were sold by funds managed by KKR. The deal comes amid record tourism, with forei...
30 September 2026
Korea Post is seeking up to seven private equity managers for KRW 245 billion in commitments, with allocations spanning both established and emerging managers. The mandate covers a range of investment strategies, including growth, mezzanine and buyout, reflecting Korea Post’s continued focus on expanding its private market investments. Read the original article on: <a...
14 September 2026
SMBC Fin Atlas Beyond Fund and Sequoia Capital co-led a $30 million funding round in Cymphony, backing the U.S.-based cybersecurity company as it develops infrastructure for enterprise AI governance and security. The funding will support Cymphony’s continued development as demand grows for solutions that help enterprises manage and secure the use of AI across their operations....
9 September 2026
Anthropic, Macquarie Asset Management and GIC have formed Theseus Infrastructure, a new platform to develop, own and lease purpose-built data centres to Anthropic under long-term agreements, with an initial focus on the United States. Macquarie-managed funds and GIC will own the platform and fund the majority of the equity for each project, with Anthropic as anchor tenant....
10 August 2026
Korea's National Pension Service has signed memoranda of understanding with six of Silicon Valley's best-known venture capital firms, Andreessen Horowitz, Sequoia Capital, Khosla Ventures, Lightspeed Venture Partners, General Catalyst and New Enterprise Associates, which together manage roughly $313 billion in assets. Under the agreements, NPS and the firms will build long-term cooperat...
30 July 2026
GenZero, the decarbonisation-focused investment platform wholly owned by Temasek, has led the Pre-Series A financing round for Singapore-based clean energy platform PCG Global, founded by the team behind Chinese distributed energy operator PCG Power. The proceeds will fund renewable energy project origination and execution across Southeast Asia, Oceania and the Middle East. <br...
27 July 2026
Taiwan's Bureau of Labor Funds has completed selection of five external managers, Amundi, BNP Paribas Asset Management Europe, Geode Capital Management, Northern Trust Asset Management Australia and State Street Global Advisors Singapore, for a $3 billion overseas infrastructure securities mandate spanning the Labor Pension Fund, Labor Insurance Fund and National Pension Insurance Fund....
21 July 2026
Temasek's net portfolio value rose to a record S$518 billion for the year to 31 March 2026, up S$49 billion, with the Singapore investor identifying artificial intelligence, core-plus infrastructure and private credit as its most compelling near-term opportunities. Temasek has consolidated more than a decade of private credit activity into its Aranda Principal Strategies platform, now m...
8 July 2026
US financial operations platform Ramp has raised $750 million in a Series F round led by ICONIQ, GIC and Ontario Teachers' Pension Plan, valuing the company at $44 billion, up from roughly $16 billion a year earlier. GIC is investing in Ramp for the eighth time, underscoring a deepening relationship as the company's revenue run-rate surpasses $1 billion. Read the original a...
4 June 2026
Korea Investment Corporation, the country's $232 billion sovereign wealth fund, is opening its first Tokyo office as it seeks to expand alternative investments in Japan, including private equity, hedge funds and private debt, alongside traditional equities and fixed income. The Tokyo base will be KIC's sixth overseas outpost after New York, London, Singapore, Mumbai and San Francisco, a...
4 June 2026
Nippon Life Insurance, Japan's largest life insurer, has signed a memorandum of understanding for a comprehensive strategic partnership with Blackstone spanning private credit and real estate. Nippon Life plans to allocate approximately 1.5 trillion yen (about $9.4 billion) in new capital to Blackstone-managed private and structured credit strategies over the next five years, alongside...
3 June 2026
South Korea's DB Insurance has completed its $1.65 billion all-cash acquisition of Florida-based specialty insurer The Fortegra Group from Tiptree and Warburg Pincus, the largest purchase of a US insurer by a Korean non-life carrier. Fortegra will continue to operate independently as a wholly owned subsidiary, retaining its leadership team and distribution relationships as DB Insurance...
29 May 2026
Anthropic has raised $65 billion in Series H funding at a $965 billion post-money valuation, with GIC co-leading alongside Capital Group, Coatue, D1 Capital Partners, ICONIQ and XN, and Temasek joining as a significant investor. The round, which pushed Anthropic's valuation past OpenAI's, will fund safety and interpretability research, compute expansion and product development as Anthro...
28 May 2026
Pentagreen Capital, the sustainable infrastructure debt platform set up by HSBC and Temasek, has closed a second round of its Green Investments Partnership at $800 million, up from $510 million at first close, with DBS and Taiwan's Cathay United Bank joining as senior tranche lending partners. Cathay United Bank is the first Taiwanese bank to back the programme, which channels blended f...
20 May 2026
Brookfield and GIC have completed their acquisition of National Storage REIT, Australia and New Zealand's largest self-storage owner-operator, in the largest-ever take-private of an ASX-listed real estate investment trust at an enterprise value of approximately A$6.7 billion. Securityholders received an all-cash consideration of A$2.86 per unit, and the deal deepens an existing joint ve...
8 May 2026
GIC has agreed to acquire a 49% stake in seven Brazilian electricity transmission assets from Iberdrola subsidiary Neoenergia, the third transaction under a partnership that began in 2023 with the creation of the jointly controlled Neoenergia Transmissão platform. Once completed, the platform will hold 16 transmission assets spanning roughly 6,710 kilometres of lines, placing it among B...
28 April 2026
Sumitomo Mitsui Banking Corporation has agreed with Neuberger Berman East Asia to establish a joint venture that will create and manage Japan-focused private debt funds, primarily investing in senior loans backing leveraged buyouts. Described by both firms as the first initiative of its kind in Japan, the venture combines SMBC's origination and credit underwriting strength with Neuberge...
27 April 2026
Korea's Public Officials Benefit Association has partnered with Mirae Asset Global Investments to launch a EUR 220 million separately managed account targeting core-plus real estate equity across Europe, with US manager Nuveen Real Estate acting as the account's local partner and sourcing opportunities. The mandate is a second-generation successor to POBA's original 2016 European SMA wi...
23 April 2026
Japan's Government Pension Investment Fund, the world's largest pension pool, currently has active requests for proposals covering global private equity fund-of-funds, global infrastructure, and global core real estate, alongside a build-out of an internal database to evaluate the performance of the private-markets managers it appoints. GPIF director of research and analytics Mari Tanak...
6 April 2026
Taiwan's Fubon Life Insurance, the island's second-largest life insurer, has committed up to $20 million to Ardian's ASF IX Infrastructure Main fund, a Luxembourg-domiciled vehicle targeting brownfield, income-generating infrastructure assets primarily in North America and Europe. The commitment continues Fubon Life's build-out of its alternatives book, having already backed private equ...
13 March 2026
GIC has led a $30 billion Series G funding round in US artificial intelligence company Anthropic alongside Coatue, valuing the Claude developer at $380 billion post-money. The round builds on GIC's earlier participation in Anthropic's Series F and will fund frontier research, infrastructure expansion, and product development. Read the original article: <a target="_blank" rel="noo...
12 February 2026
Taiwan's CDIB Capital Group has completed an investment in Pinegrove Opportunity Partners I, the $2.2 billion inaugural fund of Silicon Valley secondaries firm Pinegrove Opportunity Partners, backed by Sequoia Heritage and Brookfield. The fund provides liquidity and financing solutions to founders, management teams, and venture firms holding stakes in mid-to-late-stage private technolog...
3 February 2026
GIC and Sony Music Group have formed a new investment partnership to acquire and grow marquee music catalog assets across genres, combining GIC's long-term capital with Sony Music's operational expertise and industry relationships. Sony Bank is also participating in the vehicle, which builds on GIC's decade of investing in the music sector since 2017. Read the o...
29 January 2026
Singapore's GIC has established a strategic partnership with US net-lease REIT Realty Income, anchored by a joint venture worth more than $1.5 billion to develop and acquire build-to-suit logistics assets across the United States. GIC also closed a cornerstone investment in Realty Income's U.S. Core Plus open-end fund, and the partnership will extend to a $200 million takeout commitment...
12 January 2026