Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERG ER-REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 8.11.2022  
C(2022 ) 8102 final  
PUBLIC VERSION  
Epsom Investment Pte. Ltd.  
280 Park Avenue , 9th Floor   
New York, NY  10017  
United States of America  
 
The Kuwait Investment Authority  
c/o Wren House Infrastructure 
Management Limited  
55-58 Pall Mall   
SW1Y 5JH London  
United Kingdom  
 
OMERS Administration Corporation  
450 Park Avenue, 9th Floor  
New York, NY  10022  
United States of America  
Subject : Case M. 10854 – GIC INVESTOR / KIA / OMERS / DCLI  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 10 October 2022 , the European Commission received notification of a proposed 
conce ntration pursuant to Article 4 of the Merger Regulation , by which Epsom 
Investment Pte. Ltd. (“GIC Investor”, Singapore), ultimately controlled by GIC 
Special Investments Pte. Ltd. (“GICSI”, Singapore”) , the Kuwait Investment 
Authority (“KIA”, Kuwait), and  Omers Administration Corp oration (“Omers”, 
Canada) , will acquire within the meaning of Article 3(1)(b)  of the Merger Regulation 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 

2 joint control over the whole of Direct ChassisLink, Inc. (“DCLI”, US)  by way of 
purchase of shares .3 
2. The business activities of  the undertakings concerned  are the following : 
 GIC Investor is an investment vehicle of GICSI. GICSI manages a global 
portfolio of investments in private equity, venture capital and infrastructure funds, 
as well as direct investments in private companie s, 
 KIA manages the sovereign wealth funds of the State of Kuwait as a global 
investor , 
 Omers is a Canadian pension fund that invests and administers pensions for 
retired employees of municipalities, school boards, libraries, police departments, 
fire departmen ts and other local agencies in Ontario, Canada , 
 DCLI is a chassis provider that operates across key port and rail terminals in the 
US. 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the  scope of the Merger  Regulation  and of 
paragraph s 5(a) and 5 (b) of the Commission Notice on a simplified procedure for 
treatment of certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
3  Publication in the Official Journal of the European Union N o C 402, 19.10.2022 , p. 15. 
4  OJ C 366, 14.12.2013, p. 5 .