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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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Khazanah, ADIA, EPF and GIP Set to Take Over Malaysian Airports at US$3.9bn Valuation Amid Recovery

15th May, 2024

Malaysia Airports (MAHB) is set to be taken over by an alliance of Malaysia’s sovereign wealth fund Khazanah and its public pension fund the Employees Provident Fund along with the Abu Dhabi Investment Authority (ADIA) and Global Infrastructure Partners (GIP).

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ADIA Makes Aggressive Push into Indian Logistics and Residential Real Estate Markets

3rd May, 2024

The Abu Dhabi Investment Authority (ADIA) is continuing its investment drive in India with the former boosting its support for Mukesh Ambani’s Reliance empire by investing in its logistics infrastructure, while also forging alliances in high growth residential real estate markets.

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Championing Consolidation: Gulf SWFs Create Global TowerCo Giants

25th April, 2024

Saudi Arabia’s Public Investment Fund (PIF) has forged a joint venture deal with the Kingdom’s telecoms company STC which sees it acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL), which is set to form the basis of the Middle East’s biggest telecommunications infrastructure company – and a global player.

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GCC Surpluses Highly Dependent on Oil Prices – and Geopolitics

19th April, 2024

On Thursday this week, the International Monetary Fund (IMF) published its latest fiscal oil price breakeven in the statistical appendix of its Middle East overview. These are important figures, as they reflect the fiscal situation of the countries in the Gulf Cooperation Council (GCC), when compared to current oil prices.

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Sovereign-Backed UK Water Utility Faces Nationalization Amid Crisis

28th March, 2024

The UK’s biggest water utility, Thames Water, which is two-thirds owned by state-owned investors, looks set to be renationalized – at least temporarily – after its shareholders refused to throw it a financial lifeline.

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