Singapore's GIC and Temasek adjust and hedge fund collaboration model.

The Government of Singapore Investment Corporation (GIC) and Temasek Holdings are changing the way they collaborate with hedge funds. GIC is preparing to replace the head of its external management division and expand its staff, while Temasek is reaching out to a broader group of hedge funds to seek potential investment opportunities. These moves could have a significant impact on the available funds for the world's top hedge funds, as GIC is a significant source of capital in the industry and Temasek may also increase the size of its externally managed funds.