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Australian Super Invests in 21st Century Data Center Gold Rush

11th September, 2023

Australian Super has made one of the biggest deals in data center investment by any state-owned investor, with its EUR1.5 billion (US$1.6 billion ) investment in Vantage Data Centers.

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Indian Tycoon Ambani Breaks Records as Qatar Backs his Retail Giant

23rd August, 2023

Qatar’s sovereign wealth fund has agreed to buy a 1% stake in India’s massive Reliance Retail Ventures Ltd (RRVL) chain for US$1 billion – a valuation that has boosted the value of existing sovereign investor stakes by more than 60% since they bought into the firm in late 2020.

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ADIA Continues Abu Dhabi’s Global Private Credit Push

22nd August, 2023

Abu Dhabi’s biggest sovereign wealth fund has more than doubled its investment in Australian real estate private credit company Qualitas Diversified Credit Investments (QDCI) to A$1.45 billion (US$932 million) as it continues its push into private credit markets.

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Pakistan Seeks to Solve Fiscal Crisis with a New SWF

25th July, 2023

Pakistan is planning to join the growing list of emerging markets developing new strategic sovereign wealth funds with at least seven state assets worth at least PKR2.3 trillion (US$8 billion) set to be transferred to the new organization.

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ADIA Follows GIC in Japanese Hotel Buy-Outs

19th July, 2023

The Abu Dhabi Investment Authority (ADIA) has teamed up with Singapore-based real estate investor SC Capital Partners and Goldman Sachs Asset Management to acquire a portfolio of 27 Japanese hotels from Daiwa House Industry for US$900 million.

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Ethiopia’s EIH and Mauritius’ MIC join Africa’s SWF Club

7th July, 2023

On Thursday and Friday this week, Agaciro Development Fund hosted the second annual meeting of the African Sovereign Investors Forum (ASIF) in Kigali, Rwanda. The Forum was started by Morocco’s Ithmar Capital last year in Rabat in an attempt to increase collaboration among African SWFs, to compare notes of common challenges, and to create appealing, sizeable, Pan-African investment opportunities for foreign (e.g., Middle Eastern) SWFs.

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Thames Water Crisis Plunges Sovereign Investors in Deep Water

28th June, 2023

The biggest crisis in the UK’s utilities sector has engulfed the country’s biggest water firm, Thames Water, and is challenging the consortium of owners to cough up capital to prevent its collapse.

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War-Torn Ukraine Gains Interest from UAE’s Sovereign Wealth Funds

12th June, 2023

Abu Dhabi state-owned investors indicated their interest in backing the war-torn Ukrainian economy as representatives of the funds joined a top-level bilateral meeting at the weekend, at which the Ukrainian government announced its intentions to set up a sovereign wealth fund.

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Sovereign Funds Safe from English Water Renationalization, Despite Public Anger

6th June, 2023

The ongoing public unease over sewage pollution in Britain’s rivers is fuelling calls for renationalization of the country’s water utilities, challenging the interests of Asian sovereign wealth funds and Canadian public pension funds.

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India’s NIIF Seeks Fresh Capital and UAE Backing

9th May, 2023

India’s state-owned strategic fund the National Investment and Infrastructure Fund (NIIF) is planning to launch a second fund of funds this year to inject US$1 billion in liquidity into funds operated by local asset managers, according to The Mint – the fund has made no official announcement.

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Electrification of European Rail Boosted by Sovereign Funds

4th May, 2023

Singaporean sovereign wealth fund GIC has joined Canadian, Dutch and Abu Dhabi peers in Europe’s expansion of electric railways, a growth area that is backed by a modal shift to rail as a key enabler of the decarbonisation of supply chains.

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State Investors Radically Pare Back Chinese Equity Positions Due to Risk Concerns

20th April, 2023

State-owned investors (SOIs) are dumping their Shanghai-listed A-Shares and rapidly reducing their exposure to Chinese public markets amid rising geopolitical risks and market uncertainty.

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