GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves.

Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, from which the acronym "GIC" is derived, its mission is to preserve and enhance the international purchasing power of the reserves, with the aim to achieve good long-term returns above global inflation over the investment time horizon of 20 years.

In 1981, Goh Keng Swee, then first Deputy Prime Minister and Chairman of the MAS, saw the trend of Singapore's rapidly growing foreign reserves and decided to invest Singapore's reserves for the future of the nation and the welfare of its people.

GIC has the ability to invest across a full spectrum of financial assets, from sovereign debt to infrastructure, and manages approximately 80 per cent of its portfolio in-house.

The management of the complex, Tishman Speyer Properties and BlackRock Realty, defaulted on their loan in 2010, effectively wiping out the investment.

The consortium includes Snam (45%) an Italian gas storage and transport operator, Singapore's GIC (35%) and EDF (20%).

[22] In August 2021, their estimates also put the total figure of AUM at US$744 billion – or just over S$1 trillion, for the first time in GIC’s history after a 37.5 per cents in return.

Its investment returns supplement the country's annual budget in areas such as education, R&D, healthcare, and infrastructure.

[28] GIC manages risk by investing in a well-diversified portfolio, with a balanced distribution of asset classes and their underlying business sectors and geographies.

[30] As a board member of the International Forum of Sovereign Wealth Funds,[31][32] the successor of the International Working Group of SWFs that developed the Santiago Principles in October 2008, GIC publishes how it adopts and implements the voluntary set of principles and practices.