20th October, 2023
Abu Dhabi’s infra-heavy sovereign wealth fund ADQ continues to pursue a policy of consolidation of portfolio companies into large conglomerates ahead of listing, with pharmaceuticals next in line for the rapid restructuring process – following the same path as PureHealth which in August grouped together the emirate’s heathcare interests.
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30th August, 2023
ADQ subsidiary PureHealth is acquiring UK-based Circle Health Group for US$1.2 billion in what is a major step forward for the platform’s global expansion.
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24th August, 2023
At the height of the Covid-19 pandemic, venture capital investment in e-commerce and healthtech was a no-brainer – and India’s PharmEasy, valued at US$5.6 billion in 2021, provided an ideal opportunity for sovereign investors to jump on the bandwagon in a massive, fast-growing emerging market.
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11th August, 2023
August is normally a prolific month for appointments and new hires, especially among those funds in the Northern Hemisphere and for those executives with families that need to relocate and find new schools. Here’s an update of what is happening around the human capital of Sovereign Investors:
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3rd August, 2023
Abu Dhabi sovereign fund ADQ and IHC Capital, which is linked to the ruling family, are planning to consolidate property and events assets into Q Holding to create a regional leader in the real estate and hospitality sector.
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28th July, 2023
Oman and Saudi Arabia have strengthened their bonds with the signing of a memorandum of understanding between their sovereign wealth funds, the Oman Investment Authority (OIA) and the Public Investment Fund (PIF).
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20th July, 2023
Middle Eastern sovereign wealth funds are fond of multi-billion-dollar bilateral agreements and this week was no exception with Bahrain’s Mumtalakat party to a US$1.3 billion pledge to invest in the UK economy while the UAE’s ADQ has promised to stump up US$11.5 billion to support the Turkish economy.
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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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3rd July, 2023
The United Arab Emirates (UAE) has been going through significant changes at federal level during the past few months:
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26th June, 2023
Abu Dhabi sovereign wealth fund Mubadala has recruited rising star Ahn Seung-gu, Korea Investment Corporation's (KIC) senior director for private equity, as it seeks to boost its exposure to developed markets in Asia.
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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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9th March, 2023
Since Sheikh Khalifa’s demise on May 13, 2022, there has been a lot of speculation in Abu Dhabi, recently dubbed the Capital of Capital, around the new sharing of responsibilities, both political and financial.
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