Sarah Thompson
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
Government · 2 deals
Singapore
Every published round GIC took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Klarna | Unnamed stage | 15 Sep 2020 | $650m | Participant | Startup Daily (Tue 2 Mar 2021), Startup Daily (Tue 15 Sep 2020) | |
| InfraVision | Series B | 4 Nov 2025 | $91m | Participant | Startup Daily, Folklore Ventures, RenewEconomy (Tue 4 Nov 2025), RenewEconomy (Tue 4 Nov 2025) |
Companies GIC has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| InfraVision | 4 Nov 2025, Series B | 1 | 0 | |
| Klarna | 15 Sep 2020 | 1 | 0 |
Fund closes reported for GIC, as distinct from the investments it has made.
Companies GIC has backed that another company then bought. An exit for the holding, not a deal GIC did.
Stories naming GIC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
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Exor and Impala are creating a holding company to put €300m into TagEnergy, the renewable developer whose projects include Australia's largest wind farm, which has also just raised €570 million in green bonds.
Brookfield has agreed an $18.7 billion takeover of Origin Energy, bringing in GIC, Temasek and Mid-Ocean, and plans a decade of major renewable and storage spending in Australia.
Hotel commerce platform SiteMinder listed on the ASX, raising $627 million and closing its debut up 38% at a $1.88 billion valuation, after a $100 million pre-IPO raise.
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Klarna, the Swedish buy-now-pay-later bank backed by Commonwealth Bank, has secured new funding of US$1 billion at a US$31 billion valuation; CBA confirmed its participation, and two earlier raises are recalled.
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Swedish BNPL company Klarna raised US$650 million led by Silver Lake, valuing it at US$10.65 billion. The piece recalls CBA's earlier US$300 million investment and its joint ownership of Klarna's Australian business.
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