Here's one thing that worries GIC when investing

It said tight restrictions on the supply chain would be a negative for business.

In an interview with Bloomberg News, Singapore’s sovereign wealth fund GIC Pte CEO Lim Chow Kiat and technology investment head Jeremy Kranz shared how their company researches and invests in companies.

If there’s one thing that worries GIC, it is the “very tight” restriction in the supply chain, Lim noted. “There is this general theme about restrictions of all forms. In today’s world, the supply chain is very tight. Every time you have frictions, or restrictions, it makes it harder for businesses. Generally, that would be a negative,” he said.

Meanwhile, Kranz highlighted their investment strategy in startups. “For us, it starts when a company is born. We don’t often invest directly at the early stage. One of the reasons is we have a long history of being limited partners in venture funds in Silicon Valley as well as in Asia,” he said.

For the later growth stages, Kranz also shared that they invested several billion dollars in minority tech growth deals. “My team has over 50 companies in eight countries. The check sizes per company, they range on one extreme single-digit millions and on the other extreme, single-digit billions,” he added.

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