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State-Owned Titans Double Down on Private Credit with Lazard–Arini Deal

26th March, 2025

British Columbia Investment Management Corporation (BCI) has emerged as the anchor investor in a bold new European direct lending strategy led by Arini Capital Management, in alliance with Lazard Inc.

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Canada’s Pension Funds: Who’s Leading and Lagging on Climate Commitments?

21st February, 2025

Canada’s largest pension funds are stepping up their climate commitments, but progress remains uneven.

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BCI's Infrastructure Power Play

14th February, 2025

The British Columbia Investment Management Corporation (BCI) has sealed a deal to acquire BBGI Global Infrastructure, a Luxembourg-based investment firm, in a blockbuster US$1.32 billion transaction.

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DeepSeek Disruption: Magnificent 7 Crash Exposes Sovereign Wealth Fund Risks

28th January, 2025

The global markets have been rocked by the seismic impact of DeepSeek, a Chinese AI startup that has upended the prevailing assumptions about the cost and dominance of artificial intelligence.

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OTPP Joins Maple 8 Private Equity Sell-Off

16th September, 2024

North American and European public pension funds are selling large chunks of their private equity holdings as secondary markets have picked up and limited partners are ramping up portfolio sales.

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CPP Continues Decarbonization Drive with Two Fresh Investments

13th August, 2024

Canada’s biggest public pension fund, the US$67 billion CPP Investments, has boosted its investment in sustainable energy with a US$843 million investment in Denver-based Tallgrass Energy, in partnership with Blackstone, as part of its ongoing decarbonization strategy.

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2024 GSR Scoreboard

1st July, 2024

We are delighted to present the 2024 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).

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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Ending the Silos: CDPQ Follows OTPP in Integrating Real Estate Subsidiaries

25th January, 2024

CDPQ has made the surprise move of integrating its real estate subsidiaries Ivanhoé Cambridge and Otéra Capital as it rearranges its real estate portfolio and brings it firmly under the ambit of the management, resulting in the departure of Ivanhoé Cambridge’s CEO Natalie Palladitcheff when the consolidation is completed in 18-24 months.

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Water Crisis Does Not Drown Sovereign Investors’ Confidence in UK Infra Assets

3rd January, 2024

The Thames Water debacle has burned the fingers of state-owned investors who had backed the privatized water utility, in the belief infrastructure assets in a stable, well-regulated market like the UK were a safe bet.

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Global SWF's Most-read Commentaries of 2023

29th December, 2023

This year saw Global SWF publish 250 daily articles on the latest developments in the sovereign wealth universe at a time of rising geopolitical tensions, economic slowdown and high inflation.

Canadian Funds Adjust Portfolios With Multi-Billion Divestments in Secondaries

10th November, 2023

Quebec’s public pension fund CDPQ is set to join the federal-level CPP Investments in selling weighty secondary portfolios to free up liquidity towards new priorities.

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