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ADIA recovers from a bad 2022, spins off RE & Infra and remains bullish on PE/PC and China

10th October, 2023

On Tuesday, ADIA finally released its 2022 Annual Report, shedding some light on its latest developments:

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Abu Dhabi Plans Boost to India’s Emerging Alibaba

6th October, 2023

The Abu Dhabi Investment Authority (ADIA) is reportedly considering stumping up US$600 million more capital for Reliance Retail Ventures Ltd (RRVL), an arm of Indian billionaire Mukesh Ambani’s massive Reliance conglomerate which is positioning itself as the vanguard of retail growth in the Indian economy.

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Canadian Funds OMERS and BCI Accelerate the Private Credit Bandwagon

29th September, 2023

State-owned investors are betting that tighter bank lending will present new opportunities in private credit, with Canadian funds joining their Middle Eastern and Singaporean peers in backing non-bank lending.

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All Eyes on Indian Venture Capital, Despite Valuation Concerns

12th September, 2023

The G20 Summit in Delhi was accompanied by fresh announcements by state-owned investors intent on shifting focus to India, amid ongoing de-China-ization by Western funds and growing Middle Eastern interest in the South Asian economic behemoth’s massive potential.

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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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