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Ardian Engages PIF and QIA in Aviation Investments

14th June, 2024

Private equity group Ardian is combining forces with Qatari and Saudi sovereign wealth funds in two separate major European transactions in the aviation sector, demonstrating an ongoing strategy to work closely with state-owned investors and combine their capital strengths.

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Driving Australian Infrastructure: Domestic SWFs Spend US$1.1bn+ on Toll Roads

13th June, 2024

Two Australian sovereign wealth funds - Future Fund and QIC - have teamed up to buy the EastLink toll road network from their New Zealand counterpart NZSuper and Teachers Insurance and Annuity Association of America.

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Québec: Canadian Fund Boosts Financial Services, Cuts Infra Costs

12th June, 2024

Québec’s public pension fund CDPQ is boosting the expansion of the National Bank of Canada with a C$500 million investment that will boost Montréal’s standing as a financial hub, but is set to issue a report today that recommends cutting back some of the provincial government’s transport infrastructure plans for the capital.

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PIF Reaches the Stratosphere with Satellite Subsidiary

28th May, 2024

Saudi Arabia’s Public Investment Fund (PIF) is developing its might as the dominant force in the national economy with the launch of yet another national champion subsidiary, this time devoted to satellite launches.

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Khazanah, ADIA, EPF and GIP Set to Take Over Malaysian Airports at US$3.9bn Valuation

15th May, 2024

Malaysia Airports (MAHB) is set to be taken over by an alliance of Malaysia’s sovereign wealth fund Khazanah and its public pension fund the Employees Provident Fund along with the Abu Dhabi Investment Authority (ADIA) and Global Infrastructure Partners (GIP).

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BlackRock Deepens Relationship With Saudi Arabia

30th April, 2024

Saudi Arabia’s US$925 billion Public Investment Fund (PIF) has given BlackRock a US$5 billion mandate to help establish a multi-class investment firm based in the capital, called BlackRock Riyadh Investment Management.

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Championing Consolidation: Gulf SWFs Create Global TowerCo Giants

25th April, 2024

Saudi Arabia’s Public Investment Fund (PIF) has forged a joint venture deal with the Kingdom’s telecoms company STC which sees it acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL), which is set to form the basis of the Middle East’s biggest telecommunications infrastructure company – and a global player.

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Japan's GPIF Gains APG's Support in Infra Diversification

10th April, 2024

Japan’s US$1.48 trillion goliath Government Pension Investment Fund (GPIF) has joined forces with Europe’s biggest public pension fund manager, the Netherlands’ US$562 billion APG, to surge into global infrastructure markets.

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Sovereign-Backed UK Water Utility Faces Nationalization Amid Crisis

28th March, 2024

The UK’s biggest water utility, Thames Water, which is two-thirds owned by state-owned investors, looks set to be renationalized – at least temporarily – after its shareholders refused to throw it a financial lifeline.

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Big Tickets: Sovereign Investors Cash in with Mega Divestments

20th March, 2024

Sovereign investors are looking to cash in assets, sensing markets are ripe for divestment. Singapore’s Temasek and GIC are the most active sovereign investors in big ticket sales, which are set to net them billions in returns that will be recycled into new strategies.

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CPP Boosts Commitment to Digital Infrastructure with Partners

14th March, 2024

Canada’s biggest public pension fund CPP Investments committed hundreds of millions of US dollars into digital network infrastructure this month as it seeks to gain exposure to the growing demand in connectivity and data-rich content.

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CDPQ and SWF-Backed Cube Highways Drive Towards US$1.2bn Indian Highways Bid

20th February, 2024

Indian highways could receive another capital boost from Canada, despite the geopolitical ructions between Delhi and Ottawa, with CDPQ among those expressing interest in acquiring a roads portfolio from India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF).

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