Layout:

Abu Dhabi's CYVN Ties Supercar Maker McLaren to China's EV maker NIO

31st October, 2024

Abu Dhabi government-owned investor CYVN is set to buy British supercar manufacturer McLaren from Bahrain’s sovereign wealth fund Mumtalakat, adding to its automotive-oriented portfolio that includes Chinese electric vehicle producer NIO.

Subscriber Post

PIF Focuses on Saudi Tech Revolution

31st October, 2024

As Saudi Arabia’s Public Investment Fund (PIF) seeks to slash allocation to foreign assets from 30% to 18%, it is looking to partnerships with top asset managers to channel capital into the Kingdom’s economy in the mission to realize the Vision 2030 economic diversification objectives.

Subscriber Post

Criminal Investigations Progressing into Collapsed Armenian SWF

29th October, 2024

Armenian authorities continue to press on with a criminal investigation into the collapse of the Armenia National Interests Fund (ANIF), a signatory of the Santiago principles.

Subscriber Post

Indonesia's Toll Roads Get Dutch and Abu Dhabi Backing

28th October, 2024

Indonesia’s toll roads have been boosted by a combination of Indonesian, Dutch and Abu Dhabi capital, with fresh investment in sections of the Trans Sumatra Toll Road.

Subscriber Post

Canadian and Australian Pension Funds Announce Billion Pound UK Real Estate JVs

25th October, 2024

Canada’s CPP investments and Australia’s Aware Super have each announced GBP1 billion (US$1.3 billion) joint ventures in anticipation of planning liberalization that will stimulate the construction industry.

Subscriber Post

NBIM Posts Q3 Return of US$76bn, But Misses Benchmark

24th October, 2024

Norges Bank Investment Management (NBIM) reported another quarter of underperformance as its oil-backed Government Pension Fund Global (GPFG) struggled with geopolitical uncertainty and downside risk to public equities.

Subscriber Post

ADIA Flies High with Gift to Indian Aviation

23rd October, 2024

The Abu Dhabi Investment Authority (ADIA) is motoring ahead with its Indian strategy following the opening of a new office in Gujarat International Finance Tech-City (GIFT City), India’s new finance hub.

Subscriber Post

Mubadala Capital's Reputation Soars with Successful Close of Fourth Private Equity Fund

22nd October, 2024

Mubadala Capital, the asset management arm of Abu Dhabi sovereign wealth fund Mubadala, has closed its fourth private equity fund with commitments of US$3.1 billion – over 50% more than its US$2 billion target.

Subscriber Post

Canadian Funds Face Governance Criticism

21st October, 2024

Canadian public pension funds are facing the heat of scrutiny over governance, having prided themselves as the leaders in transparency and best practices.

Subscriber Post

NPS’s Return Hit by Staffing Problems and Manager Underperformance, Claims Lawmaker

18th October, 2024

The KRW1.2 trillion (US$875 million) Korea’s National Pension Service (NPS) has paid to external managers for its global equities portfolio over the past three years is not good value for money, according to a lawmaker from the country’s ruling People Power Party, reports The Korea Times.

Subscriber Post

Data Centers are Sovereign Investors' Top Choice Real Estate Investment

17th October, 2024

Data centers have emerged as the top real estate segment for state-owned investors, after AustralianSuper announced a US$1.5 billion investment in US-based DataBank.

Subscriber Post

ADQ Continues Türkiye Investment Charge with Banking Acquisition

16th October, 2024

Abu Dhabi has taken a slice of Türkiye’s banking sector with its acquisition of a 96% stake in Lebanon-based Bank Audi’s local subsidiary, Odeabank, as it continues its multi-billion dollar drive into the country's troubled economy.

Subscriber Post