Singapore’s GIC holds 15.6% post-IPO stake in US cybersecurity firm McAfee

Singapore’s GIC holds 15.6% post-IPO stake in US cybersecurity firm McAfee

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Singapore’s sovereign wealth fund GIC has disclosed it held around 26.4 million shares in cybersecurity company McAfee, which began trading after its US initial public offering on Thursday.

The Class A shares are held by Snowlake Investment, which is controlled by GIC Special Investments, a wholly-owned subsidiary of GIC. GIC did not immediately return DealStreetAsia’s emailed request for comment, which was sent outside of office hours.

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