NEW YORK: The family office of Google co-founder Sergey Brin has hired the former head of sustainability for Singapore’s sovereign wealth fund to help find and manage green investments, according to sources.
Rachel Teo has joined Bayshore Global Management at its Singapore office established in 2020. Teo worked for 18 years at GIC Pte until last year, when she left the Singapore fund.
Teo joined GIC in 2005, after working for the Monetary Authority of Singapore, according to a bio on the fund’s website.
She took on the sustainability role in 2022, and previously led a futures unit that researches long-term trends for the fund’s portfolios.
Singapore is accelerating efforts to become a global hub for green investments and philanthropy. — Bloomberg