12th September, 2023
The G20 Summit in Delhi was accompanied by fresh announcements by state-owned investors intent on shifting focus to India, amid ongoing de-China-ization by Western funds and growing Middle Eastern interest in the South Asian economic behemoth’s massive potential.
11th September, 2023
Australian Super has made one of the biggest deals in data center investment by any state-owned investor, with its EUR1.5 billion (US$1.6 billion ) investment in Vantage Data Centers.
5th September, 2023
Saudi Arabia’s sovereign wealth fund has created a national champion for the steel industry, while exiting the Kingdom’s leading distributor of liquefied petroleum gas (LPG), National Gas and Industrialization Company (GASCO).
29th August, 2023
In little more than a year of its existence, AviLease has become a major player in global aviation as one of the top lessors to the airline industry, thanks to the backing of Saudi Arabia’s Public Investment Fund (PIF).
23rd August, 2023
Qatar’s sovereign wealth fund has agreed to buy a 1% stake in India’s massive Reliance Retail Ventures Ltd (RRVL) chain for US$1 billion – a valuation that has boosted the value of existing sovereign investor stakes by more than 60% since they bought into the firm in late 2020.
15th August, 2023
Saudi Arabia’s Public Investment Fund (PIF) reported 9.6% growth in its US equity holdings to US$38.9 billion in Q2, with electric vehicle manufacturer Lucid contributing just 16% of the increase despite representing 24% of the portfolio.
14th August, 2023
Deep Saudi pockets have enabled the Kingdom’s Pro League side Al-Hilal to snap up Brazilian international Neymar for a cool US$110 million fee, plus a two-year deal that will net him an estimated US$175 million.
7th August, 2023
The Public Investment Fund of Saudi Arabia, known as PIF, finally released its 2022 annual report on Sunday, and there is plenty of information to digest in the 140-page document.
28th July, 2023
Oman and Saudi Arabia have strengthened their bonds with the signing of a memorandum of understanding between their sovereign wealth funds, the Oman Investment Authority (OIA) and the Public Investment Fund (PIF).
24th July, 2023
Global warming and related water scarcity are raising fears of rising food scarcity among populations already living on the edge, yet the arid desert kingdom of Saudi Arabia is plotting a path towards greater food self-sufficiency and cash crop production led by its burgeoning sovereign wealth fund.
12th July, 2023
Saudi Arabia’s Public Investment Fund (PIF) reported a US$11 billion loss for 2022 as global markets tanked, but its annual accounts filed this week with the London Stock Exchange show it has ramped up its Middle East holdings by a staggering US$94 billion to US$175 billion (up 166%) in just two years as it seeks to become a regional investor heavyweight.
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.