
Newsmakers
Singapore’s GIC Names Bryan Yeo as CIO
The deputy CIO of the $800 billion sovereign fund will succeed Jeffrey Jaensubhakij as investment chief on April 1.
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.