Corporate Moves
Stone Point, Genstar to Hold Equal Stakes in Ascensus
GIC will remain an investor in the recordkeeper.
The SWFs also are pushing more into real estate as valuations drop, report says.
GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.
The Bangalore-based startup joined the unicorn club with a valuation just north of $1 billion.