GIC is a State Owned entity headquartered in Singapore. Founded in 1981, it employs approximately 3820 people. The company provides financial services, primarily established to manage Singapore's foreign reserves. Its objective is to achieve good long-term real returns on assets under its management, aiming to preserve and enhance the value of Singapore's reserves. GIC maintains investments in over 40 countries and operates with 11 offices in key financial cities worldwide, in addition to its Singapore headquarters.