Market Chatter: Singapore Sovereign Wealth Fund Nears Sale of $2 Billion of Private Credit Stakes

MT Newswires06-17

Singapore's sovereign wealth fund, GIC, is closing in on the disposal of up to $2 billion in private credit assets via the secondaries market, Bloomberg News reported Tuesday, citing people familiar with the matter.

The fund has hired Evercore to advise on the sale as it looks to trim some of its maturing holdings, the report said.

Last year, GIC launched a process to sell at least $1 billion in private equity fund stakes from managers that included Blackstone and Apollo Global Management, the report noted.

Private credit fund stake disposals have become a key strategy in the secondaries market, with volumes reaching $20 billion in 2025, the report added, citing Evercore data.

GIC did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2644790880?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-17 12:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644790880","market":"hk","top_or_hot":-1,"title":"Market Chatter: Singapore Sovereign Wealth Fund Nears Sale of $2 Billion of Private Credit Stakes","media":"MT Newswires","content":"<html><body><p> Singapore's sovereign wealth fund, GIC, is closing in on the disposal of up to $2 billion in private credit assets via the secondaries market, Bloomberg News reported Tuesday, citing people familiar with the matter.</p><p>The fund has hired <a href=\"https://laohu8.com/S/EVR\">Evercore</a> to advise on the sale as it looks to trim some of its maturing holdings, the report said.</p><p>Last year, GIC launched a process to sell at least $1 billion in private equity fund stakes from managers that included <a href=\"https://laohu8.com/S/BX\">Blackstone</a> and Apollo Global Management, the report noted.</p><p>Private credit fund stake disposals have become a key strategy in the secondaries market, with volumes reaching $20 billion in 2025, the report added, citing Evercore data.</p><p>GIC did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Singapore Sovereign Wealth Fund Nears Sale of $2 Billion of Private Credit Stakes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Singapore Sovereign Wealth Fund Nears Sale of $2 Billion of Private Credit Stakes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-06-17 12:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Singapore's sovereign wealth fund, GIC, is closing in on the disposal of up to $2 billion in private credit assets via the secondaries market, Bloomberg News reported Tuesday, citing people familiar with the matter.</p><p>The fund has hired <a href=\"https://laohu8.com/S/EVR\">Evercore</a> to advise on the sale as it looks to trim some of its maturing holdings, the report said.</p><p>Last year, GIC launched a process to sell at least $1 billion in private equity fund stakes from managers that included <a href=\"https://laohu8.com/S/BX\">Blackstone</a> and Apollo Global Management, the report noted.</p><p>Private credit fund stake disposals have become a key strategy in the secondaries market, with volumes reaching $20 billion in 2025, the report added, citing Evercore data.</p><p>GIC did not immediately respond to a request for comment from MT Newswires.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GAB.SI","symbol_name":"Amova STI ETF S$A","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2644790880","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644790880","pubTimestamp":1781669156,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore's sovereign wealth fund, GIC, is closing in on the disposal of up to $2 billion in private credit assets via the secondaries market, Bloomberg News reported Tuesday, citing people familiar with the matter.The fund has hired Evercore to advise on the sale as it looks to trim some of its maturing holdings, the report said.Last year, GIC launched a process to sell at least $1 billion in private equity fund stakes from managers that included Blackstone and Apollo Global Management, the report noted.Private credit fund stake disposals have become a key strategy in the secondaries market, with volumes reaching $20 billion in 2025, the report added, citing Evercore data.GIC did not immediately respond to a request for comment from MT Newswires.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GAB.SI":"Amova STI ETF S$A","ES3.SI":"STI ETF","G3B.SI":"Nikko AM STI ETF","STI.SI":"富时新加坡海峡指数"},"translate_title":"市场传闻：新加坡主权财富基金即将出售20亿美元私人信贷股份","themeId":"b010cf239ffd4765bcd3edd8f767f746","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ES3.SI":0.6,"GAB.SI":0.6,"STI.SI":0.9,"G3B.SI":0.6},"content_text":"Singapore's sovereign wealth fund, GIC, is closing in on the disposal of up to $2 billion in private credit assets via the secondaries market, Bloomberg News reported Tuesday, citing people familiar with the matter.The fund has hired Evercore to advise on the sale as it looks to trim some of its maturing holdings, the report said.Last year, GIC launched a process to sell at least $1 billion in private equity fund stakes from managers that included Blackstone and Apollo Global Management, the report noted.Private credit fund stake disposals have become a key strategy in the secondaries market, with volumes reaching $20 billion in 2025, the report added, citing Evercore data.GIC did not immediately respond to a request for comment from MT Newswires.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644790880","isCrawlerRequest":true}