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Can Son Sell the Gulf Another US$100 Billion Vision?

12th October, 2026

Masayoshi Son is again seeking Gulf sovereign capital on the scale of the original Vision Fund. Nine years on, its 1.28x TVPI gives prospective backers a clear benchmark for another US$100 billion proposition.

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FNZ Turns La Caisse From Backer to Fixer

9th October, 2026

Eight years after La Caisse made FNZ a flagship patient capital investment, repeated equity injections and a deeper governance role are putting pressure on the advantages of long-term direct ownership. The next phase will show whether that patience has preserved value or merely extended the turnaround.

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NBIM’s Scale Changes the Economics of Norway’s Oil Wealth

8th October, 2026

Norway plans to use NOK608.4 billion (US$63.4 billion) of fund revenues in 2027, enough to finance more than one-quarter of state spending. The Government Pension Fund Global (GPFG), meanwhile, is expected to start the year at around NOK22.4 trillion (US$2.3 trillion), while petroleum revenues will almost cover the cash transferred to the budget.

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OIA’s US$150 million Kazakhstan fund anchors a wider investment network

7th October, 2026

Oman Investment Authority (OIA) and Kazakhstan’s Samruk-Kazyna have agreed a US$150 million joint investment fund, six months after signing Heads of Terms that left the size and structure open. The vehicle is expected to be established at the Astana International Financial Centre by the end of 2026 and will be owned equally, implying a US$75 million commitment from each side.

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CPP Backs AT&T Fibre Expansion as US Telecoms Turn to Outside Capital

6th October, 2026

CPP Investments is joining AT&T and BlackRock’s Global Infrastructure Partners (GIP) in a new US fibre platform covering nearly five million locations and more than one million subscribers. The transaction extends the Canadian pension fund’s digital infrastructure strategy beyond data centres and into the networks connecting businesses and households.

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GIC Eyes Rio Tinto Infrastructure as Miner Recycles Capital

5th October, 2026

GIC is looking at a new way to gain exposure to growth in the resources sector without buying the mines themselves.

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Gulf SWFs frenetic activity continues despite Iran War

2nd October, 2026

The 2026 MENA Playbook released today by Global SWF highlights the state of play of Middle Eastern Sovereign Investors as at the end of the third quarter of 2026.

Global SWF Special Feature (Oct'26): ADGM

1st October, 2026

In the past ten years, Abu Dhabi has evolved into a global financial powerhouse, supported by the massive sovereign wealth of the emirate, and evidenced by the number and caliber of companies establishing a presence in the city’s free zone. The September 2026 edition of the Global Financial Centers Index (published by Z/Yen and China’s CDI) ranked Abu Dhabi at 13th place globally, up from 21st place in 2025. Part of the credit must be attributed to Abu Dhabi Global Market (ADGM), which opened in 2015 and started changing the tone and the dynamics of the emirate. Starting from scattered pools of capital and low-profile finances, ADGM pushed for a unified discourse and a pro-active approach to attract inbound foreign capital based on the existing wealth, coining the terms the Falcon Economy, and the Capital of Capital.

Singapore’s Vote of Confidence in the GCC: Temasek Builds Presence on Existing SWF Ties

30th September, 2026

Temasek is turning years of co-investment with Gulf sovereign funds into a permanent regional presence. The Singapore state investor will open offices in Riyadh and Abu Dhabi in the first half of 2027 and deepen engagement in Qatar, bringing its own investment teams closer to QIA, Mubadala, KIA, MGX and L’IMAD. Its disclosed direct Gulf portfolio remains limited, but the relationships are already well established.

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Temasek Builds Italian Mid-Market Access With FSI Stake

29th September, 2026

Temasek is taking a 9% stake in Italian investment manager FSI, adding ownership of the firm to an eight-year relationship built through successive fund commitments.

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PIF’s New Strategy Puts More Weight on Private Capital

28th September, 2026

PIF is drawing banks, private developers and prospective buyers further into its Saudi portfolio as its 2026–2030 strategy takes shape. After years of using its own balance sheet to build companies and industries, more of the next stage will depend on capital coming from elsewhere.

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NSIA Extends Development Mandate With US$300 Million Nigeria Energy Fund

25th September, 2026

Nigeria Sovereign Investment Authority is using its infrastructure mandate to bring private and institutional capital into distributed power. The model has parallels with India’s NIIF and Indonesia’s INA, while NSIA also manages separate stabilisation and intergenerational savings funds.

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