Singapore’s GIC, whose estimated property of greater than $700bn make it one of many world’s largest institutional buyers, has warned that most of the tailwinds for personal fairness companies “have come to an finish” as a golden age is changed by more durable market situations.

However the investor, one of many largest backers of buyout funds, mentioned that whereas a brand new period of upper rates of interest and volatility had created challenges, alternatives have been nonetheless obtainable within the non-public market — a phase of the worldwide economic system to which lately it has considerably boosted its publicity.

Talking forward of its annual outcomes on Wednesday, GIC informed the Monetary Instances it was allocating cash in the direction of logistics, infrastructure and different inflation-insulated property whereas seizing on discounted offers as some buyers appeared to money out.

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