Singapore's sovereign wealth fund, the Singapore Government Investment Corporation, will invest an additional $30 billion in hedge funds over the next three years. This will be one of the largest capital investments in this already booming industry. Group Investment Director Bryan Yeo said that the size of GIC's investment in hedge funds has tripled in the past ten years, but the exact amount was not disclosed. He pointed out that global macro, quantitative and multi-strategy hedge funds are key areas for GIC's expansion. According to Global SWF estimates, GIC's assets under management are around $936 billion. This move will further strengthen GIC's important position in the hedge fund sector. GIC was an early supporter of the Bridgewater Fund and its founder Dario; it recently withdrew from Jain Global, which agreed to manage funds exclusively for Millennium Management a few months ago. Additionally, GIC has invested in Castle Investments and funds managed by Viking Global Investors.

Singapore's sovereign wealth fund, the Singapore Government Investment Corporation, will invest an additional $30 billion in hedge funds over the next three years. This will be one of the largest capital investments in this already booming industry. Group Investment Director Bryan Yeo said that the size of GIC's investment in hedge funds has tripled in the past ten years, but the exact amount was not disclosed. He pointed out that global macro, quantitative and multi-strategy hedge funds are key areas for GIC's expansion. According to Global SWF estimates, GIC's assets under management are around $936 billion. This move will further strengthen GIC's important position in the hedge fund sector. GIC was an early supporter of the Bridgewater Fund and its founder Dario; it recently withdrew from Jain Global, which agreed to manage funds exclusively for Millennium Management a few months ago. Additionally, GIC has invested in Castle Investments and funds managed by Viking Global Investors.