GIC Private Limited

Established in 1981, GIC was the brainchild of Dr Goh Keng Swee, then Deputy Prime Minister and Chairman of the Monetary Authority of Singapore. Dr Goh was a singular man, whose bold vision continues to drive a secure financial future for Singapore.GIC is one of the three investment entities in Singapore that manage the Government’s reserves, alongside the Monetary Authority of Singapore (MAS) and Temasek. We manage most of the Government’s financial assets, investing for the long term with an aim to preserve and enhance the international purchasing power of the funds placed in our care. GIC was established in a time when the idea that a country should manage its reserves for long-term returns was unconventional. As the world’s first non-commodity-based sovereign wealth fund, GIC’s vision was original, bold and forward-looking. GIC enabled Singapore to develop the essential capability of managing its own reserves, placing the country at the helm of its own long-term destiny. This spirit of boldness and courage is GIC’s legacy and inspiration, inherited by all in GIC today.