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NZ Super Makes Bold Move with Euroclear Investment

4th September, 2023

 New Zealand’s state-owned investor, NZ Super, has taken a bold step with a direct investment worth almost US$300 million in financial services provider Euroclear.

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Fund of the Month (Sep'23): British Columbia Investment MC (BCI)

1st September, 2023

One of the most active Canadian funds this year so far has been BCI, with several high-profile investments and the expansion of its New York and London offices. In addition, the British Columbia fund was one of the top scorers of our GSR scoreboard, with 96%. We had the great pleasure of speaking with Gordon J. Fyfe, CEO & CIO, about BCI’s latest developments.

Special Coverage: Singaporeans Elect Their New President

31st August, 2023

Tomorrow, September 1, Singapore will elect a new president with custodial powers to safeguard the nation’s trillion-dollar financial reserves and oversee key appointments to institutions like MAS, GIC and Temasek.

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Abu Dhabi Builds Global Health Empire: ADQ Buys UK’s Biggest Private Hospital Network

30th August, 2023

ADQ subsidiary PureHealth is acquiring UK-based Circle Health Group for US$1.2 billion in what is a major step forward for the platform’s global expansion.

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PIF Aviation Subsidiary Flies High Following US$3.6bn Takeover Deal

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).

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QIA takes Park Lane off Mubadala’s hands and adds another pin to Midtown Manhattan

28th August, 2023

On Monday, the Qatar Investment Authority (QIA) closed the acquisition of Park Lane Hotel in Midtown Manhattan for US$ 623 million, according to news provider PincusCo and to New York’s Office of the City Register.

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Does Multi-Billion Asset Transfer Signal Mission Creep for Kuwait's Social Security Fund?

25th August, 2023

The Kuwaiti government’s decision to transfer KWD2.5 billion (US$8.1 billion) of landholdings to the country’s social security fund, instead of its sovereign wealth fund, comes amid long-standing political disputes over the direction of the US$801 billion Kuwait Investment Authority (KIA), one of the world’s biggest and oldest SWFs.

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Hard Lessons in Indian Venture Capital as PharmEasy Valuation Hits SWFs

24th August, 2023

At the height of the Covid-19 pandemic, venture capital investment in e-commerce and healthtech was a no-brainer – and India’s PharmEasy, valued at US$5.6 billion in 2021, provided an ideal opportunity for sovereign investors to jump on the bandwagon in a massive, fast-growing emerging market.

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Indian Tycoon Ambani Breaks Records as Qatar Backs his Retail Giant

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.

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ADIA Continues Abu Dhabi’s Global Private Credit Push

22nd August, 2023

Abu Dhabi’s biggest sovereign wealth fund has more than doubled its investment in Australian real estate private credit company Qualitas Diversified Credit Investments (QDCI) to A$1.45 billion (US$932 million) as it continues its push into private credit markets.

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Gulf SWF-Owned Airlines Likely to Lead bidding to Kazakhstan’s Qazaq Air

21st August, 2023

A tender for the sale of 49% to 100% a Kazakhstan airline by the state’s sovereign wealth fund Samruk-Kazyna is likely to rouse the interest of Gulf peers in Qatar and the UAE amid a competition for influence in Central Asia’s biggest economy.

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Singapore's GIC Joins Top Sovereign Investors in Brazil

18th August, 2023

Singapore’s sovereign wealth fund GIC this week struck its second significant deal in Brazil this month with a BRL1.2 billion (US$240 million) retail and logistics venture with Barzel Properties, continuing a quiet rise in investment by the SWF community in the South American nation.

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