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Danantara’s US$50 billion question

16th March, 2026

Indonesian state-owned investor Danantara’s proposed US$50 billion annual contribution to the state is best understood as a long-term discipline target rather than a sustainable near-term payout benchmark.

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NIIF Expands Through Successor Funds and Sovereign Partnerships

12th March, 2026

India’s National Investment and Infrastructure Fund (NIIF) is entering a second phase of development that is characterised by larger successor funds, asset monetisation from earlier platforms and deeper partnerships with global sovereign investors.

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ADIA Targets Real Estate Secondaries as Liquidity Pressures Reshape Private Markets

12th March, 2026

The Abu Dhabi Investment Authority has partnered with Ardian to launch a dedicated real estate secondaries platform to capitalise on a rapidly expanding segment of private markets which are impacted by liquidity pressures and valuation adjustments.

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Qatar’s Barzan and the New Wartime Security Landscape of the Gulf

11th March, 2026

The escalation of conflict involving Iran has reinforced the need for sustaining military capabilities when supply chains become uncertain.

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EDGE at the Front Line: How the Iran War Is Accelerating the UAE’s Defence Industry

10th March, 2026

When the UAE launched EDGE Group in 2019, it was not particularly obvious what the endgame was. The official explanation was to consolidate a cluster of state-owned defence and technology firms into a single entity capable of developing domestic capability.

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From Giga-Projects to Strategic Autonomy: PIF’s Defence Portfolio and Saudi Arabia’s Vision 2030

9th March, 2026

Saudi Arabia’s Public Investment Fund (PIF) has become globally associated with tourism giga-projects, sports investments and technology deals, but another industrial transformation is taking place within its domestic portfolio.

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NBIM’s North American Renewables Entry: Platforms, Partners and the Evolution of the Real Assets Strategy

6th March, 2026

Norges Bank Investment Management (NBIM) has acquired a 33.3% stake in a portfolio of operating renewable energy assets in North America alongside Brookfield and British Columbia Investment Management Corporation (BCI), marking its first renewable infrastructure investment in the region.

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Canadian and Australian Pension Funds Formalise an Established Investment Relationship

5th March, 2026

The Canadian-Australian Pension Funds Investment Initiative (CAP Invest) brings together nine Australian superannuation funds and investment platforms and nine Canadian public pension organisations in a framework intended to facilitate dialogue with governments and encourage cross-border investment.

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Gulf Sovereign Wealth Funds and the Iran Crisis: Scenario Analysis

4th March, 2026

Escalating tensions involving Iran and the security of the Strait of Hormuz have revived questions about how Gulf sovereign wealth funds (SWFs) will react to this major regional geopolitical crisis.

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Sovereign Capital Underwrites the US Power Growth

3rd March, 2026

The announced take-private of the AES Corporation at a US$33.4 billion enterprise value including assumed debt, shows sovereign wealth and public pension heavyweights are willing to back a capital-intensive US power platform.

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CY25 Early Results: Allocation Structure, Currency Policy and Mandate Discipline

2nd March, 2026

The first group of major sovereign wealth funds and public pension funds to report calendar year 2025 results shows that performance dispersion was primarily structural with high-equity savings funds such as Norges Bank Investment Management (NBIM), the New Zealand Superannuation Fund (NZSuper) and Korea Investment Corporation (KIC) clustered in the mid-teens.

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Fund of the Month (Mar'26): New Mexico State Investment Council (NMSIC)

1st March, 2026

New Mexico SIC has doubled in size in the past 3.5 years, due to an accelerated inflow of oil royalties. At the end of 2025, it was the second largest SWF in the US, with US$ 70 billion in AuM, just behind Alaska PFC. We were delighted to speak with the State Investment Officer, Mr. Jon Clark, about the accelerated growth of the fund, the current strategy to put that capital to work, and the future outlook.