28th June, 2024
Canadian public pension fund AIMCo has joined peers in offloading chunky private equity portfolios as markets pick up, taking advantage of a revival of interest in private equity and rebalancing its portfolio.
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27th June, 2024
Hedge fund pod shops are the latest evolution in the hedge fund universe and are winning the backing of weighty state-owned investors (SOIs), particularly multi-strategy funds focused on the Asian regional market.
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26th June, 2024
The pace of investment in renewables by state-owned investors could breaking records this year as new opportunities arise at different stages of project delivery and Europe in particular shifts towards improved energy security.
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21st June, 2024
Panama’s sovereign wealth fund, the Fondo de Ahorro de Panama (FAP), has received promissory notes from the government totalling US$1.27 billion, which has boosted its coffers to US$2.69 billion, but challenges are building and the fund could face drawdowns due to problems in the mining sector.
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20th June, 2024
Temasek has agreed to sell its LNG subsidiary Pavilion Energy to oil major Shell for an undisclosed figure, 11 years after it was launched by the Singaporean state-owned investor.
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19th June, 2024
Sovereign wealth fund interest in Japan is modest compared to economies of a similar size and diversity, but this could all change with Asian and Middle Eastern funds showing increasing interest.
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18th June, 2024
Canada’s biggest public pension fund, CPP Investments, could be close to acquiring a INR100 billion (US$1.2 billion) Indian roads portfolio from India’s quasi-sovereign wealth fund the National Investment and Infrastructure Fund (NIIF), but is up against Macquarie and infrastructure investment trust Cube Highways at the advanced bidding stage.
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17th June, 2024
The Abu Dhabi Investment Authority (ADIA), the biggest of Abu Dhabi’s three sovereign wealth funds, has agreed to invest alongside Advent to take up a combined 20% stake in Fisher Investments for US$2.5-3.0 billion as it ramps up its private equity and private credit portfolio.
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14th June, 2024
Private equity group Ardian is combining forces with Qatari and Saudi sovereign wealth funds in two separate major European transactions in the aviation sector, demonstrating an ongoing strategy to work closely with state-owned investors and combine their capital strengths.
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13th June, 2024
Two Australian sovereign wealth funds - Future Fund and QIC - have teamed up to buy the EastLink toll road network from their New Zealand counterpart NZSuper and Teachers Insurance and Annuity Association of America.
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12th June, 2024
Québec’s public pension fund CDPQ is boosting the expansion of the National Bank of Canada with a C$500 million investment that will boost Montréal’s standing as a financial hub, but is set to issue a report today that recommends cutting back some of the provincial government’s transport infrastructure plans for the capital.
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11th June, 2024
Reports that Saudi energy firm ACWA Power is planning to raise SAR7.1 billion (US$1.9 billion) through issuing stock to existing shareholders could further boost the Public Investment Fund’s (PIF) AUM as it strides towards a US$1 trillion portfolio – meanwhile, Aramco’s recent secondary offering poses some downside risks for the Saudi state and the economy's long-term diversification.
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