Sony Music Group and Singapore 's sovereign wealth fund GIC Pte are coming together to acquire music copyrights. Role of GIC GIC to provide capital and investment expertise GIC will be providing both capital and investment expertise to this joint venture. This partnership will allow Sony to expand its portfolio of songs without having to bear all the costs alone. Partnership benefits Sony Music Group's COO highlighted the partnership's significance Kevin Kelleher, Chief Operating Officer of Sony Music Group, emphasized the importance of this partnership. He said it would combine GIC's "long-term capital" with SMG's operational capabilities to acquire and manage premier catalogues.