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Indonesia's Sovereign Fund Reaches US$20bn in Co-Investments

29th September, 2022

Indonesia's sovereign wealth fund, the Indonesia Investment Authority (INA), has raised more than US$20 billion of co-investments from other parties, according to Reuters.

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Abu Dhabi’s ADQ seeks Strategic Position in Oman’s Economy

28th September, 2022

Abu Dhabi’s US$110 billion state-owned investor ADQ is seizing opportunities in Oman worth over US$8 billion and bolstering bilateral economic and political relations, in partnership with the local US$29 billion sovereign wealth fund Oman Investment Authority (OIA).

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OTPP Digs Deeper in India and Launches Mumbai Office

27th September, 2022

The Ontario Teachers’ Pension Plan Board (OTPP) has joined its fellow Canadian public pension funds CPP Investments and CDPQ with a new office in India, as it ramps up its exposure to the South Asian heavyweight in emerging markets.

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Rapid Change in Sovereign Investor Leaderships Brings New Faces to the Fore

26th September, 2022

The C-suite churn in sovereign investors has shown no sign of abating this year with a total of 16 new CEOs to date, compared to 20 in the whole of 2021.

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Indonesia: The Venture Capital Frontier for Singapore’s Sovereign Investors

23rd September, 2022

Over the past four years, sovereign investors have stumped up nearly US$2 billion in Indonesian startups, the majority funded by Singapore’s GIC and Temasek.

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Washington Weighs in With US$500mn Check For Asian Real Estate

22nd September, 2022

The US$192 billion Washington State Investment Board (WSIB) has pledged another US$500 million into Hong Kong-based Asian real estate investor Crane Capital, bringing its total backing to US$1.5 billion – representing an example of how state-owned investors seek to build partnerships in real estate.

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Transition Over Exclusion: Greening Portfolios

21st September, 2022

Exclusion of carbon-intensive assets is the easiest way of achieving a greener portfolio, but Canadian state-owned investor Alberta Investment Management Corporation (AIMCo) believes pension funds can do one better than simply divesting from fossil fuels to address climate change.

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The Big Apple is Blossoming as PIF Begins Hiring for its New NYC Office

20th September, 2022

Saudi Arabia’s Public Investment Fund (PIF) is expanding its international footprint with its New York City office ramping up personnel to originate new deals that support its rapid growth.

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SWFs Are Key Backers of Porsche’s Mega-IPO – And Have Their Eyes on the Future of Motoring

19th September, 2022

The Qatar Investment Authority (QIA), Norway’s Norges Bank, and Abu Dhabi’s ADQ are joining with institutional investor T. Rowe Price as key cornerstone investors in the EUR9.4 billion IPO of Porsche AG, together committing up to EUR3.7 billion - signalling that SWFs' interest in the automotive industry continues to grow.

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Arab Gulf Funds Venture into the Central Asian Frontier

16th September, 2022

Collectively known as the “stans”, the former Soviet republics of Central Asia are mineral wealthy, but often overlooked beyond their energy sectors – but sovereign wealth funds from the Arabian Gulf region are seeking to change this.

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GIC Finds Sanctuary from Global Crises in Blockbuster US Real Estate Deal

15th September, 2022

A blockbuster deal backed by GIC to take real estate investment trust Store Capital Corporation private is proof that Singapore’s sovereign wealth fund is continuing its swing towards US real estate – as a bolt hole from economic uncertainty.

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PIF Strikes Deal for Saudi Tourism and Launches Airline for NEOM

14th September, 2022

Saudi Arabia’s ambition to become a global tourism destination is led by the US$620 billion Public Investment Fund (PIF), which this week announced it would acquire a 30% stake in Almosafer Travel & Tourism Co., a unit of Riyadh-listed Seera Group Holding for SAR1.55 billion (US$412 million).

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