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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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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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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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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22nd May, 2023
Abu Dhabi’s Mubadala reported a 2.9% drop in assets under management to AED1,015 billion (US$276 billion) in 2022, the largest contraction since 2014, but its -3.1% single-year return outstripped the benchmark and industry average (-8.1%)
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11th May, 2023
Sovereign wealth funds of Saudi Arabia and Abu Dhabi - the Public Investment Fund (PIF) and Mubadala – continue to be major losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
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10th May, 2023
Mubadala is furthering its ambition to become a major player in global credit markets with the expected purchase of asset manager Fortress Investment Group from SoftBank Group for US$3 billion, according to the FT.
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9th May, 2023
India’s state-owned strategic fund the National Investment and Infrastructure Fund (NIIF) is planning to launch a second fund of funds this year to inject US$1 billion in liquidity into funds operated by local asset managers, according to The Mint – the fund has made no official announcement.
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25th April, 2023
Abu Dhabi sovereign wealth fund Mubadala is backing a major leap forward in aviation by funding a US$2.5 billion project to build a sustainable fuel plant in Brazil.
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19th April, 2023
A leading Indian infrastructure investment trust, Cube Highways Trust, has won the backing of Canadian public pension fund British Columbia Investment Management Corporation (BCI) and Abu Dhabi’s sovereign investor Mubadala as anchor investors in its INR52.2 billion (US$630 million) listing.
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22nd March, 2023
Abu Dhabi sovereign wealth fund Mubadala is accelerating its private credit strategy with a joint venture with Ares to invest in global credit markets.
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