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PIF: Lucid Undermines Index-Beating Performance in US Equities

25th November, 2022

Saudi Arabia’s Public Investment Fund saw US$6.6 billion wiped off the value of its US public equity portfolio in Q3, around three quarters of which was caused by the 18.6% decline in the value of its stake in Lucid which was worth US$14.2 billion at end-September.

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Oman's SWF Launches US$2 billion Diversification Push

21st November, 2022

With the Oman Investment Authority’s (OIA) portfolio reaching US$41.5 billion and representing roughly 40% of the Sultanate’s economy, the sovereign wealth fund has entered a new phase of growth targeting strategic economic diversification at home and yield-generating investment abroad.

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ADQ Follows an Emirati Tradition and Snaps Up Major Stake in PE Firm

16th November, 2022

In its first investment in the US, Abu Dhabi’s ADQ has taken a major stake in private equity firm Vistria Capital, following a growing trend among sovereign wealth funds buying equity in General Partnerships.

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BlackRock and Saudi Arabia Draw Closer in Infra Partnership

15th November, 2022

BlackRock continues to forge relationships with the sovereign investor universe with this week witnessing an agreement with Saudi Arabia’s US$620 billion Public Investment Fund (PIF) to pursue joint investment opportunities in the Kingdom’s infrastructure sector.

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QIA Considers Throwing a Lifeline to Troubled Credit Suisse

4th November, 2022

The Qatar Investment Authority (QIA) is undeterred by the plummeting value of its stockholding in Credit Suisse Group and is preparing to invest in a share sale alongside the Saudi National Bank, according to the Financial Times.

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PIF Stretches Its Wings Over MENA

28th October, 2022

Saudi Arabia’s sovereign wealth fund, Public Investment Fund, is set to launch a five new investment companies, modelled on the Saudi Egyptian Investment Company (SEIC, in the MENA region that will oversee SAR90 billion (US$24 billion) of investment.

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Hong Kong Claws Back Reputation with Co-Investment Fund

21st October, 2022

The Hong Kong SAR government is seeking to turn its back on a turbulent period with efforts to entice investors, including the establishment of a HK$30 billion (US$3.82 billion) a co-investment fund, under a new Hong Kong Investment Corporation (HKIC).

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CPP Joins Ground-Breaking Kuwaiti-Managed Private Equity Platform

13th October, 2022

Capital Constellation, managed by Kuwait’s Wafra, has won a new partner in Canada Pension Plan Investment Board (CPP), which joins an array of state-owned investors backing the private equity platform.

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QIA Joins the Big Ticket League of Investors in 2022

4th October, 2022

The decision by the Qatar Investment Authority (QIA) to invest EUR2.4 billion in RWE to support its accelerated ‘Growing Green’ strategy represents one of the 30 biggest ever investments by state-owned investors.

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PIF's Big Performance Disclosure Highlights Global Investment Push

3rd October, 2022

A prospectus for a green bond sale has delivered the biggest insight into Saudi Arabia’s rapidly growing Public Investment Fund (PIF), in a region renowned for the opacity of its sovereign wealth funds.

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Abu Dhabi’s ADQ seeks Strategic Position in Oman’s Economy

28th September, 2022

Abu Dhabi’s US$110 billion state-owned investor ADQ is seizing opportunities in Oman worth over US$8 billion and bolstering bilateral economic and political relations, in partnership with the local US$29 billion sovereign wealth fund Oman Investment Authority (OIA).

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OTPP Digs Deeper in India and Launches Mumbai Office

27th September, 2022

The Ontario Teachers’ Pension Plan Board (OTPP) has joined its fellow Canadian public pension funds CPP Investments and CDPQ with a new office in India, as it ramps up its exposure to the South Asian heavyweight in emerging markets.

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