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Temasek and Mubadala Buy Into Private Credit

10th December, 2024

The private credit market is expanding at a breakneck speed with the market expected to grow nearly double between 2023 and 2030 to approach US$3 trillion – and sovereign wealth funds are increasing their exposure by buying into providers of non-bank loans at high valuations, as well as their own direct lending strategies. 

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Mubadala Builds its Asset Management Empire

28th November, 2024

Mubadala continues to build its asset management empire with the planned acquisition of Toronto-based CI Financial by Mubadala Capital in an all-cash offer of C$12.1 billion (US$8.66 billion) to privatise the alternatives investor.

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Another day, another multi-billion-dollar fund for Abu Dhabi: ADNOC’s XRG

27th November, 2024

On Wednesday, the Board of Directors of Abu Dhabi National Oil Company (ADNOC) endorsed the decision of its CEO to launch a new subsidiary that will lead global investments in low-carbon energy solutions.

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ADIC (the Council) unveils new brand, opens office in NYC

26th November, 2024

On Tuesday, the Abu Dhabi Investment Council (known as ADIC, or simply, the Council) did a rare move when it unveiled its new brand and website, which had barely changed since the inception of the fund.

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ADQ Emerges as a Major MENA Chemicals Industry Investor

13th November, 2024

Abu Dhabi sovereign wealth fund ADQ is developing its petrochemicals portfolio, adding value to upstream output – but also overlapping with the interests of Abu Dhabi’s other state-owned investor, Mubadala, which has its own assets in the sector.

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Abu Dhabi and Singapore Strengthen Alliance via SWFs

6th November, 2024

Singapore and Abu Dhabi have seen their relationship grow in recent years, with their respective state-owned investors playing a crucial role in the developing economic partnership between the two countries, which enjoyed a non-oil bilateral trade approaching US$6 billion last year.

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Criminal Investigations Progressing into Collapsed Armenian SWF

29th October, 2024

Armenian authorities continue to press on with a criminal investigation into the collapse of the Armenia National Interests Fund (ANIF), a signatory of the Santiago principles.

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Mubadala Capital's Reputation Soars with Successful Close of Fourth Private Equity Fund

22nd October, 2024

Mubadala Capital, the asset management arm of Abu Dhabi sovereign wealth fund Mubadala, has closed its fourth private equity fund with commitments of US$3.1 billion – over 50% more than its US$2 billion target.

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Abu Dhabi named world's wealthiest city with US$ 1.7 trillion

8th October, 2024

On Tuesday, 8 October, Global SWF released a new global ranking of cities according to the capital managed by their Sovereign Wealth Funds (SWFs). According to data and research of the industry specialist, Abu Dhabi is the world’s richest city in terms of capital managed by its SWFs, with US$ 1.7 trillion as of October 2024.

Mubadala Deepens Partnership with Aldar to Boost Abu Dhabi's Real Estate Development

18th September, 2024

An alliance of Aldar and its biggest shareholder, Abu Dhabi sovereign wealth fund Mubadala, is set to manage US$8 billion of real estate in the emirate in a sign of an evolving strong partnership.

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PIF Flexes Saudi's Soft Power Muscles in Egypt

17th September, 2024

Despite persistent economic problems, Egypt is a top investment destination for Gulf sovereign wealth funds that are not only mindful of its long-term potential as an emerging market but also its strategic position in soft power rivalry over the MENA region.

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Destination Brazil: CPP Adds to Infra Investments

11th September, 2024

Brazil is growing in prominence as an investment target among state-owned investors eyeing long-term returns and coming quarters are set to see a slew of sovereign capital in the South American market with infrastructure the prime target.

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