GIC

GIC (formerly the Government of Singapore Investment Corporation) is the principal sovereign wealth fund of Singapore, managing the foreign reserves of the Singapore government on a long-horizon real-return basis. The mandate is distinct from Temasek's — preservation and enhancement of purchasing power of government reserves over decades-long horizons, rather than active operating-return generation on operating-company holdings.

The asset base is not publicly disclosed at the headline level — a deliberate feature of the institution's operating profile. GIC deploys primarily through external manager mandates, fund commitments, and direct positions across global asset classes (equities, fixed income, real estate, private equity, infrastructure). Operating offices in San Francisco, London, New York, Singapore, and Beijing reflect the global allocation framework.

GIC's Israeli engagement is less visible than Temasek's — a reflection of the mandate, not a posture toward Israel. Where GIC exposure to Israel exists, it works through three channels: external manager mandates with US, European, or Israeli growth-equity managers that hold Israeli portfolio positions; direct positions in Israeli-founded technology companies headquartered in the US, typically as part of broader institutional syndicates; and broad public-market positions in Israeli companies with US or international listings.

The posture is consistent across markets — diversified, long-horizon, manager-driven — and the Israeli exposure follows from that framework rather than from any market-specific allocation.

Read Next in The Olam

• Singapore's Temasek and GIC: Israeli Exposure and the Asian Sovereign Layer — Deep-dive spoke
• Sovereign & Strategic Capital — Pillar

Sources

GIC published statements; Sovereign Wealth Fund Institute; Bloomberg; published research. Data current as of Q2 2026.