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New Sovereign Fund FOCO Focuses FDI on Spain

8th February, 2024

A new EUR2 billion fund launched by Spain’s Compañía Española de Financiación del Desarrollo (Cofides) has been launched to catalyze foreign capital.

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2023 GSR scoring finalized, report to be issued June 30

19th June, 2023

Since 2020, Global SWF has issued an annual assessment of the efforts of state-owned investors, including sovereign wealth funds and public pension funds, around governance, sustainability, and resilience (GSR).

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Spain's Sovereign Fund Looks to Foreign Support for Co-Investment and Social Impact

15th June, 2023

Two new funds focusing on co-investments and social impact were launched this month by Spain’s sovereign wealth fund, Compañía Española de Financiación del Desarrollo (COFIDES), as the country’s government follows France and Italy in catalysing private sector capital for strategic economic development.

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Fund of the Month (Sep'22): Compañía Española de Financiación del Desarrollo (COFIDES)

1st September, 2022

In the past few years, Spain’s COFIDES has become a very active manager of Sovereign capital, financing over 1,000 projects in over 100 countries and establishing partnerships with GCC funds including OIA, QIA and Mubadala. We had the great pleasure of talking with its Director-General, Rodrigo Madrazo, about the fund’s current activities and future strategy.

OIA breathes again, but keeps privatization plans in place

18th April, 2022

The past few years have not been easy for the finances of Oman Inc. The Sultanate has one of the smallest shares of crude oil reserves in the GCC and the second highest fiscal breakeven point, after Bahrain. For the period 2015-2021, Omanis needed the oil price to be above $87/barrel to make money – which never happened, until January 2022.

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UAE-Spain Forge Closer Relations Through State Funds

3rd February, 2022

Abu Dhabi sovereign fund Mubadala continues to forge bilateral relationships with Spain’s Compañía Española de Financiación del Desarrollo  (Cofides) the latest investment partner.

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