Newsmakers
Singapore’s GIC Reshuffles Investment Leadership
The sovereign wealth fund promoted two CIOs into roles as deputy group CIOs.
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.
GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.
Volatile markets wipe out nearly all of the previous year’s S$22 billion gain.
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.