20th August, 2021
The formation of a US clean energy firm Arevon Energy by APG, CalSTRS and ADIA this week comes hot on the heels of US Senate approval of a US$1.2 trillion bipartisan infrastructure bill that underscores the Biden administration’s renewable energy agenda.
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13th August, 2021
With Chinese authorities cracking down on big tech to curb their cultural and economic power, institutional investors are looking at other sectors of the country’s economy for long-term yield.
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11th August, 2021
Fresh blood and promotions are leading to changes at the top team of Canada’s biggest public pension fund, the US$394 billion CPP Investments, which is promoting global talent at board and management levels.
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5th August, 2021
Infrastructure is dominant in the Brazilian portfolios of state-owned investors (SOIs), but there are tentative signs that they are seeking to diversify portfolios that are heavily oriented towards the Latin American country’s oil and gas industry.
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2nd August, 2021
The infrastructure arm of Ontario’s public employees pension fund OMERS has taken a chunk of Indian renewables producer Azure Power, which is majority owned by Québec’s CDPQ. Yet, Global SWF research finds that state-owned investors are increasingly reticent about risks in the Indian renewables market, while at the same time they are being lured to developed markets where opportunities are opening up in energy transition.
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30th July, 2021
Earlier this month, food delivery company Zomato went ahead with its planned IPO in the Bombay Stock Exchange, becoming India’s biggest offering of the year so far. The process was oversubscribed 10.7 times, and the company raised US$ 564 million from 186 anchor investors including ADIA, CPP, GIC and OMERS.
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14th July, 2021
The US office real estate market has received a US$1 billion boost, supported by Singaporean sovereign wealth fund GIC and Canada’s biggest public pension fund CPP Investments, alongside property developer Boston Properties. GIC has allocated US$500 million to the program, while CPP and Boston Properties have each allocated US$250 million..
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12th July, 2021
One of India’s leading e-commerce companies Flipkart has raised US$3.6 billion in a funding round that has attracted the support of an array of state-owned investors, demonstrating the enduring attraction of the country’s digital economy despite a sluggish recovery in household consumption.
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7th July, 2021
The pandemic has not deterred Canada’s CPP Investments from joining the multi-billion pound bidding war for British supermarket chain Morrisons, as retail revives and investors look to growth in both real estate values and online grocery sales.
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28th June, 2021
Two Canadian public pension funds, CPP Investments and AIMCo, have committed nearly US$2 billion of capital to an Australia-based wireless and broadcast networks provider, BAI Communications, which they have co-owned since 2009.
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21st June, 2021
The pandemic appeared to pour cold water on the premium office and residential market as far as state-owned investors were concerned - but the situation could be shifting.
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7th June, 2021
For the past nine months, ADIA has hired over a dozen of physicians and mathematicians that will be looking at how to integrate machine learning and artificial intelligence into the fund's investment decision process.
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