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Could Private Equity Deal by Mubadala and Bpifrance be a Sign of Things to Come for Africa?

2nd July, 2021

Sub-Saharan Africa is the final frontier for state-owned investors (SOIs), offering potential large rewards – but also significant challenges. For patient investors capable of honing in on good deals, the region offers significant long-term returns that could generate big yields.

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CPP and AIMCo Back North America 5G Drive with US$2 Billion Investment

28th June, 2021

Two Canadian public pension funds, CPP Investments and AIMCo, have committed nearly US$2 billion of capital to an Australia-based wireless and broadcast networks provider, BAI Communications, which they have co-owned since 2009.

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Details of Saudi Arabia's Plans for US$250 billion Social Welfare Giant

22nd June, 2021

Saudi Arabia has made a giant leap in the restructuring of its social insurance and pension system with the announced merger of the General Organization of Social Insurance (GOSI) and the Public Pension Agency (PPA) to form a US$250 billion fund.

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GIC Boosts Digital Economy Revolution with Massive Data Center Investment Drive

14th June, 2021

As the infrastructure of the digital economy, data centers are proving to be high targets for state-owned investors (SOIs). GIC’s announcement that it is extending its joint venture with Equinix has taken its exposure to the sector to another level, with an additional $3.9 billion pledged for the expansion of its xScale data center portfolio.

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Khazakstan’s Samruk-Kazyna Prepares for a New Era

10th June, 2021

After replacing its chairman and an array of managers, Kazakhstan’s US$64 billion sovereign wealth fund Samruk-Kazyna is planning for a new era with a schedule of privatizations set to generate dry powder for fresh investments - and new partnerships.

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ADIA and GIC: An Evolving Relationship

9th June, 2021

Co-investments by state-owned investors are common, but Abu Dhabi’s ADIA and Singapore’s GIC seem to enjoy something of a special relationship.

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Mubadala and OMERS Back German Trend-Setting Insurtech Unicorn

2nd June, 2021

German insurtech startup WeFox’s US$650 million Series C funding round has won the backing of Abu Dhabi sovereign wealth fund Mubadala and Canadian public pension fund OMERS, making it one of the largest Series C venture capital rounds of all time.

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Korean Funds NPS and KIC Back US$2bn US Logistics Fund

28th May, 2021

Korea’s leading state-owned investors, the National Pension Service (NPS) and the Korea Investment Corporation (KIC), have forged their first ever co-investment, piling a total of US$600 milllion into a US$2 billion North America logistics real estate fund managed by GLP Capital Partners.

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Canadian PPFs Make Exits in Europe After Adding Value

17th May, 2021

OMERS has made its third major exit so far this year with the sale of its stake, alongside Canadian peer AIMCo, in the UK-headquartered Environmental Resources Management, the world’s largest pure-play sustainability consultancy, netting the fund managers a combined profit of nearly US$700 million.

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CPP Investments’ Indian Renewables Deal with SoftBank Falls Through

13th May, 2021

Challenges facing India's renewables sector were highlighted this week when differences over valuations and conditions scuppered the sale of part of SoftBank’s stake in an Indian solar power producer to Canada’s biggest public pension fund, CPP Investments.

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Will ADQ Finance VC Drive Through A Public Offering of Merged Steel Giant?

10th May, 2021

The planned merger of Arkan and Emirates will create the UAE’s biggest steel and buildings material company, majority owned by sovereign wealth fund ADQ’s Senaat. Given CEO Mohamed Hassan Alsuwaidi’s recent signals that ADQ will oversee a surge in capital deployment in a rapid expansion push, the consolidation could be a prelude to Senaat making future public offerings, freeing up liquidity for portfolio diversification.

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Fund of the Month (May'21): New Zealand Superannuation Fund (NZSF)

1st May, 2021

We chat with Mr. Stephen Gilmore, Chief Investment Officer at the New Zealand Superannuation Fund.