10th July, 2023
State-owned investors originated nearly US$20 billion in real estate deals in the first half of 2023, excluding their commitments to funds overseen by third party asset managers.
Subscriber Post
5th July, 2023
On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of various global investor firms around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years; especially among Middle Eastern funds, from 32% on average in 2020 to 52% on average in 2023.
Subscriber Post
30th June, 2023
We are delighted to present the 2023 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).
Subscriber Post
22nd June, 2023
Bahrain’s sovereign wealth fund Mumtalakat has consolidated its hold on British carmaker McLaren by buying stakes from Saudi Arabia’s Public Investment Fund (PIF) and Ares Management for GBP400 million (US$510 million).
Subscriber Post
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.
Subscriber Post
8th June, 2023
A slew of public pension fund giants have swung their weight behind Just Climate’s Climate Assets Fund I (CAF1), which has exceeded its US$1 billion target by 50% and marks the latest of several sovereign-backed billion-plus funds.
Subscriber Post
5th June, 2023
In an unprecedented move, Saudi Arabia’s Public Investment Fund (PIF) has taken 75% stakes in four of the Kingdom’s leading football clubs as the country prepares to host the 2027 Asian Cup – and potentially the 2030 FIFA World Cup.
Subscriber Post
25th May, 2023
Iraq is the latest target for Saudi Arabia’s sovereign wealth fund as it seeks to spread its investments – and soft power – over the Middle East through bilateral investment vehicles.
Subscriber Post
16th May, 2023
Saudi Arabia’s US$730 billion sovereign wealth fund, the Public Investment Fund (PIF), threw its weight behind green energy, gaming and the internet in the first quarter, while slashing exposure to payments processor Visa and Chinese e-commerce company Pinduoduo.
Subscriber Post
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.
Subscriber Post
2nd May, 2023
Saudi Arabia’s US$730 billion Public Investment Fund (PIF) has won backing from leading Chinese steel corporation Baoshan Iron & Steel (Baosteel) to establish the Kingdom’s first integrated steel plate manufacturing plant – and the fund is creating possibilities in green steelmaking through new partnerships.
Subscriber Post
17th April, 2023
Saudi Arabia’s Public Investment Fund continues its rapid ascent with total assets under management estimated at US$730 billion, following the transfer of a 4% stake in the oil giant Saudi Aramco to the sovereign wealth fund’s wholly owned subsidiary, Sanabil Investments.
Subscriber Post