Singapore’s GIC has doubled the money it initially invested in Hero MotoCorp Ltd, as one of the most active sovereign wealth funds in India continues to offload its stake in the world’s largest bike maker by volume.

Consumer

Bain, GIC pick direct stake in Hero MotoCorp as promoter entity merges with two-wheeler maker

TEAM VCC 4 years ago

Private equity firm Bain Capital and Singapore’s sovereign wealth fund GIC have picked direct equity stake in public-listed company Hero MotoCorp, the world’s largest bike-maker...

Consumer

Bain Capital sells 4.28% of Hero MotoCorp for $400M

TEAM VCC 3 years ago

Private equity firm Bain Capital Partners has sold 4.28 per cent or around three-fourths of its remaining holding in Hero MotoCorp Ltd via secondary market...

Consumer

Singapore’s sovereign fund GIC part exits Hero MotoCorp with over 2x

Bhawna Gupta 3 years ago

Singapore’s GIC, one of the most active sovereign wealth funds in India, has part-exited from Hero MotoCorp Ltd, the world’s largest two-wheeler maker by volume,...