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Saudi Fund Joins the Agtech Farming Revolution

2nd February, 2023

In an era of climate change, pressures on water resources and a burgeoning global population reaching 10 billion, indoor vertical farming is emerging to overcome the challenges and address growing food demand.

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Fund of the Month (Feb'23): Sovereign Fund of the Republic of Kosovo (SFRK)

1st February, 2023

In the context of a highly divided and disrupted Europe, Kosovo continues to fight for its recognition as an independent country. With a GDP of c. US$ 10 billion and an active public sector, the Government has set up a working group for the establishment of a sovereign fund before 2025. We talked with Emanuel Bajra about the working group and rationale for a SWF.

NBIM’s Losses Boost the Case for Private Equities Investment

31st January, 2023

The ripple effects of Russia’s invasion of Ukraine caused the biggest loss since the 2008 financial crisis for Norway’s US$1.3 trillion sovereign wealth fund – and put boosters on its case for portfolio diversification into private markets.

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PIF's Plans to Take Lucid Private Are Part of a Bigger EV Strategy By Saudi SWF

30th January, 2023

Rumors that Saudi Arabia's Public Investment Fund (PIF) is set to take electric vehicle maker Lucid private by buying a 34.5% stake from public markets have fuelled a massive rise in its stock price, following months of steep decline.

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Britain's Slow Burn SWF Racks Up US$1.4 Billion Investments

27th January, 2023

The UK’s low-key sovereign investor, the British Business Bank’s Future Fund, has been quietly ramping up its investments since its launch in May 2020 with a total of GBP1.14 billion (US$1.41 billion) disbursed by end-2022.

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Ireland's Sovereign Fund Continues Private Equity Drive with Fresh Waterland Investment

26th January, 2023

The Ireland Strategic Investment Fund (ISIF) has announced it is one of the backers of Netherlands-based Waterland’s new EUR4 billion of pan European funds with its new ninth fund - Waterland Private Equity Fund IX - set to increase its investments in Irish businesses over the next two to three years.

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Abu Dhabi Funds Line Up Behind Indian Billionaire’s Flagship Float

25th January, 2023

A US$2.45 billion follow-on public offering floated by Indian billionaire Gautam Adani’s flagship Adani Enterprises is receiving the backing of Abu Dhabi sovereign wealth funds Abu Dhabi Investment Authority (ADIA) and Mubadala as well as the privately owned International Holding Co. (IHC), linked to the ruling family.

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New Sovereign Wealth Fund for Philippines Faces Resistance

24th January, 2023

The Philippines’ new Maharlika Investment Fund faces a legal challenge from the country’s political opposition for “sequestering” dividends from state companies.

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Iran's SWF Becomes Central to Geopolitics in South America

23rd January, 2023

Iran’s sovereign wealth fund is help strengthen the country’s political and economic bonds with Venezuela with the US$139 billion National Development Fund of Iran (NDFI) in an usual act of soft power diplomacy.

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Temasek Boosts Investments in India's Healthcare

20th January, 2023

Singapore’s state-owned investor Temasek is seeking to increase its penetration of India’s healthcare sector by snapping up a 33% stake in India’s biggest hospital chain Manipal Health, giving it a 51% controlling stake.

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No More Jam Tomorrow? Ardern's Resignation Signals Change to NZ Super Fund

19th January, 2023

Political change is coming to New Zealand, which could impact on the nation’s future generations fund, NZ Super Fund, as politicians on either side of the House of Representatives set out very different visions for its long-term funding and withdrawals.

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Ethiopia’s SWF Approaches First Anniversary With Solar Deal and New Stock Exchange Plan

18th January, 2023

Ethiopia Investment Holding (EIH) has been in existence for less than a year, but is already taking great strides in co-investments to develop the domestic economy.

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