22nd August, 2022
Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, is preparing to float a stake in oil company KazMunayGas (KMG) to raise “hundreds of million of dollars”, which will help fund a pipeline of projects including the development of renewable energy.
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18th August, 2022
Since the passing of Abu Dhabi and UAE leader Sheikh Khalifa in May, two of the Emirate’s sovereign wealth funds – Mubadala and ADQ – have shown increasing signs of co-operation with this week seeing the Mubadala-backed artificial intelligence firm G42 forming a partnership with ADQ’s venture capital arm the Abu Dhabi Growth Fund to create a US$10 billion fund with a focus on tech investments in emerging markets.
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8th August, 2022
The Softbank Group, founded and chaired by billionaire Masayoshi Son, announced its result for the quarter ended June 30, 2022 last night. The group, which includes the Vision Funds, a 25% stake in Chinese giant Alibaba, and other significant investments, reported an operating loss of US$ 24.5 billion, due to the global markets turmoil and to the rapid fall of the yen against the dollar.
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2nd August, 2022
On Monday, August 1, Mubadala made an offer to buy an additional 45% of Zamp SA, the master franchisee of Burger King, Domino’s and Popeye, among other fast-food restaurant brands in Brazil. The Abu Dhabi fund already owns 5% of the company, which it acquired in 2013 as part of Batista’s US$ 2 billion portfolio.
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8th July, 2022
After two years of frenetic activity in venture capital, sovereign wealth funds and public pension funds have stepped on the brakes as the effects of the Ukraine crisis threaten to upset the post-pandemic recovery.
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7th July, 2022
The decision of Abu Dhabi sovereign investors Mubadala and ADQ and the Royal Group conglomerate to back SoftBank executive Rajeev Misra's new US$6 billion multi-asset investment fund shines a light on the Emirate's internal dynamics in a post-Khalifa era.
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31st May, 2022
Israel’s plan to launch a sovereign wealth fund – the Israel Citizens’ Fund (ICF) – is finally going ahead on Wednesday (June 1st) after years of delays and reduced expectations.
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27th May, 2022
The Qatar Investment Authority (QIA) is in competition with its Abu Dhabi peers in headline-grabbing multi-billion bilateral memoranda of understanding. Global SWF assesses whether these agreements worth more than the paper they are written on – and if they are simply part of Middle Eastern states’ exertion of soft power.
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13th May, 2022
Sovereign wealth funds of Saudi Arabia and Abu Dhabi are among the main losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
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11th May, 2022
Mubadala’s 70% surge in income to AED122 billion (US$33 billion) in 2021 validates Global SWF’s recent 2021 Fund of the Year award which acknowledged its rapid development as one of the Middle East's biggest and fastest growing funds.
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2nd May, 2022
Comparing returns across State-Owned Investors is never easy and it always takes a lot of assumptions and disclaimers. Yet, most funds have now reported their FY21 results, and we have looked at the average investment returns for the past six years (which we consider a fair investment cycle) across 20 major SWFs and 20 major PPFs in an apples-to-apples analysis.
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13th April, 2022
Local geography and resource limitations are driving agricultural tech investments by state-owned investors from the UAE and Singapore.
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