11th August, 2023
August is normally a prolific month for appointments and new hires, especially among those funds in the Northern Hemisphere and for those executives with families that need to relocate and find new schools. Here’s an update of what is happening around the human capital of Sovereign Investors:
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9th August, 2023
OMERS Ventures, the Venture Capital arm of the Ontario public pension fund, announced on Wednesday that it is closing its London program. Of the team members based in the City, managing partners Jambu Palaniappan, Harry Briggs and an associate are reportedly leaving the firm, while managing partner Henry Gladwyn and another associate will relocate to New York to kick off the new team there.
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28th June, 2023
The biggest crisis in the UK’s utilities sector has engulfed the country’s biggest water firm, Thames Water, and is challenging the consortium of owners to cough up capital to prevent its collapse.
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20th June, 2023
The Investment Management Corporation of Ontario (IMCO) announced today that it is piling US$400 million into Sweden-based Northvolt, joining a raft of other public pension funds including provincial stablemate OMERS that have invested in the battery manufacturing giant.
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16th June, 2023
The post-Covid revival in tourism is encouraging a tide of sovereign fund investment in hotel and leisure, with a focus on Europe and a significant shift towards large-scale resorts.
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6th June, 2023
The ongoing public unease over sewage pollution in Britain’s rivers is fuelling calls for renationalization of the country’s water utilities, challenging the interests of Asian sovereign wealth funds and Canadian public pension funds.
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4th May, 2023
Singaporean sovereign wealth fund GIC has joined Canadian, Dutch and Abu Dhabi peers in Europe’s expansion of electric railways, a growth area that is backed by a modal shift to rail as a key enabler of the decarbonisation of supply chains.
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26th April, 2023
Canadian public pension funds are planning to funnel US$1 billion of fresh capital into infrastructure investment trusts (InvITs) focusing on renewables and roads.
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24th April, 2023
CDPQ’s decision to deploy US$11.2 billion in European private markets via an expanded London-based team follows a trend among Canada’s Maple 8 public pension funds seen in recent years.
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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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17th March, 2023
The Ontario Teachers Pension Plan (OTPP) followed its provincial stablemate OMERS in reporting a benchmark-beating positive return in 2022, defying the trends seen elsewhere in the sovereign investor universe.
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7th March, 2023
Canada’s biggest public pension fund CPP Investments has boosted its exposure to India’s burgeoning renewables sector with the acquisition of Goldman Sachs’ stake in ReNew Power for US$268 million.
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