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Abu Dhabi named world's wealthiest city with US$ 1.7 trillion

8th October, 2024

On Tuesday, 8 October, Global SWF released a new global ranking of cities according to the capital managed by their Sovereign Wealth Funds (SWFs). According to data and research of the industry specialist, Abu Dhabi is the world’s richest city in terms of capital managed by its SWFs, with US$ 1.7 trillion as of October 2024.

NIIF Plans US$4bn Capital Raise for Indian Infra as it Divests Roads and Renewables

5th September, 2024

India’s quasi-SWF, the National Investment & Infrastructure Fund (NIIF), is planning to raise US$4 billion in capital for infrastructure investments, signalling it is entering a new phase and accelerating its co-investment partnerships.

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Sovereign Investors Surge Into Digital Infrastructure

28th August, 2024

Public pension funds from Australia, Canada and the Netherlands have swung their support behind the EUR2.1 billion capital-raising by euNetworks amid surging appetite for digital infrastructure among state-owned investors.

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Singapore and Abu Dhabi SWFs: Best Co-Investor Buddies

27th August, 2024

Two of the world’s biggest and most active sovereign wealth funds – Singapore’s US$847 billion GIC and the US$993 billion Abu Dhabi Investment Authority (ADIA) – are teaming up in two blockbuster bids, signalling their co-investment relationship is as strong as ever.

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Abu Dhabi Leads Global Asset Manager Takeovers with ADIA in US$6.9bn Bid for HL

12th August, 2024

Abu Dhabi continues to invest weighty sums in asset managers with the US$993 billion Abu Dhabi Investment Authority (ADIA) forming a consortium with CVC Private Equity Funds and Nordic Capital to take the London-listed Hargreaves Lansdown private in a GBP5.4 billion (US$6.9 billion) takeover bid.

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State Investors Back Transportation Leasing for Steady Returns and Value-Add Opportunities

26th July, 2024

An investment of more than US$600 million in US trailer lessor Transportation Equipment Network (TEN) by Abu Dhabi’s Mubadala and the Qatar Investment Authority (QIA) is the latest development in sovereign investor involvement in the transportation leasing sector.

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IMF Demands Pakistan Scraps SWF as a Condition for Support

11th July, 2024

Governance concerns have reportedly prompted the IMF to demand the abolition of the Pakistan Sovereign Wealth Fund as a condition for any new financial bailouts, in what is the biggest challenge to the country’s bid to create a state-owned investor.

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Indonesia Leads Growth in Asia Toll Roads Investments

2nd July, 2024

Singaporean sovereign wealth fund GIC has teamed up with Metro Pacific Tollways to buy up a 35% stake worth US$1 billion in a network of toll roads on Indonesia’s island of Java, in what could be a record year for investment by state-owned investors in Asian toll road networks.

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Asia-Oriented Hedge Fund Pod Shops Get State Investor Approval

27th June, 2024

Hedge fund pod shops are the latest evolution in the hedge fund universe and are winning the backing of weighty state-owned investors (SOIs), particularly multi-strategy funds focused on the Asian regional market.

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ADIA Backs US$3bn Investment in Asset Manager, Following an Abu Dhabi Trend

17th June, 2024

The Abu Dhabi Investment Authority (ADIA), the biggest of Abu Dhabi’s three sovereign wealth funds, has agreed to invest alongside Advent to take up a combined 20% stake in Fisher Investments for US$2.5-3.0 billion as it ramps up its private equity and private credit portfolio.

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Ardian Engages PIF and QIA in Aviation Investments

14th June, 2024

Private equity group Ardian is combining forces with Qatari and Saudi sovereign wealth funds in two separate major European transactions in the aviation sector, demonstrating an ongoing strategy to work closely with state-owned investors and combine their capital strengths.

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India Gains Interest of ADIA and GIC in Data Center Investments

29th May, 2024

Data Centers are pivotal in the development of the digital economy – and India’s digital economy is one of the biggest growth drivers, drawing in a range of sovereign wealth funds.

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