12th February, 2024
The decision by Mubadala-backed AI investor G42 to pull out from China reveals a growing wariness about upsetting US regulators, following Committee on Foreign Investment in the United States’ (CFIUS) decision last year to put the Abu Dhabi sovereign wealth fund’s takeover of US asset manager Fortress Investment Group under the spotlight.
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5th February, 2024
Temasek has exited Indian insurtech pioneer Policybazaar and sold a minority stake in Manipal Hospitals, but remains committed to India and is set to recycle the capital into new ventures.
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23rd January, 2024
The Netherlands’ civil service pension fund manager APG has shut down its Beijing office due to a lack of interest among its clients, following the decision four months ago by the world’s biggest sovereign wealth fund, Norges Bank (NBIM) to end operations in Shanghai.
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9th January, 2024
The Oman Investment Authority (OIA) is reportedly in negotiations with the Egyptian government to acquire a majority stake in the Export Development Bank of Egypt (EBank) as it heads for an IPO.
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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.
15th December, 2023
On Monday, January 1, 2024, we will be releasing the industry’s most timely, rigorous, and insightful account of the activity and trends of Sovereign Wealth Funds and Public Pension Funds during 2023. The report is titled “State-Owned Investors Powering Through Crises” and includes the following sections:
7th December, 2023
While Abu Dhabi sovereign wealth fund Mubadala will continue to maintain a strong foothold in the US, it is set to expand investments in emerging markets with Asia and MENA an increasing focus – while it also continues investing in both upstream fossil fuels and renewable energy.
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27th November, 2023
Just a month before the Hamas attacks of October 7th, the UAE marked the third anniversary of its normalization of ties with Israel – now geopolitical risk is creating obstacles to developing bilateral economic relations.
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22nd November, 2023
Abu Dhabi’s Mubadala has made another big move into private debt markets by anchoring a new special situations fund, Starz Orion Capital, which has been launched by Starz Real Estate (Starz), a leading pan-European commercial real estate lending platform.
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21st November, 2023
Canadian public pension fund manager CDPQ is preparing to deploy up to C$5 billion (US$3.6 billion) in capital to Brazil over 2024-27, on top of around C$8 billion (US$5.8 billion) already invested in the country since it started buying Brazilian assets in 2006.
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16th November, 2023
This week has been quite eventful in terms of personnel changes. After the appointments of CIC’s new chief representative in the US, and of the new CEO and CIO for the Hong Kong Investment Corporation (HKIC), which we covered on Monday, we have finally heard about the new leaders for the Emirates Investment Authority (EIA) and the newly established Maharlika Investment Corp. (MIC) in the Philippines.
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29th September, 2023
State-owned investors are betting that tighter bank lending will present new opportunities in private credit, with Canadian funds joining their Middle Eastern and Singaporean peers in backing non-bank lending.
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