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Korea’s NPS Accelerates VC Investment, But is Set to Miss Alternatives Target

19th October, 2021

Korea’s National Pension Service’s (NPS) venture capital portfolio is set to break through the KRW1 trillion (US$840 million) million mark for the first time by end-2021 and up 10% over 2020.

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Abu Dhabi Inc Leads Healthcare Investment And Singapore Inc Is Not Far Behind

18th October, 2021

A preliminary agreement for collaboration between G42 Healthcare and Abu Dhabi sovereign wealth fund Mubadala is the latest development in a year that has seen a slew of capital commitments by state-owned investors in the healthcare sector.

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Temasek’s Seeks to Boost Singapore’s R&D Ecosystem, With Emphasis on Collaboration

15th October, 2021

Singaporean state-owned investor Temasek is planning to pour S$1 billion (US$740 million) per year into deep-tech innovation in Singapore, in addition to the government’s S$25 billion (US$18.5 billion) Enterprise 2025 plan for tech development, Deputy Prime Minister Heng Swee Keat announced today.

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OTPP Plans More than US$12 billion More Investments in Venture Capital

30th September, 2021

Canadian public pension fund Ontario Teachers’ Pension Plan (OTPP), with AUM of C$221.2 billion (US$173 billion), is planning to more than triple its allocation to venture capital to up to 10% by 2026. As a result, it will ramp up its investments in startups by at least US$12 billion.

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ADQ’s Ports Listing Demonstrates Growing Liquidity Drive for VC-Hunting Abu Dhabi Inc

10th September, 2021

Abu Dhabi’s ADQ sovereign wealth fund is planning to list the emirate’s ports on the local stock exchange in a bid to generate liquidity and realise the value of logistics infrastructure assets with solid earnings.

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KIC Shakes Up Top Management As It Aims At Private Markets

3rd September, 2021

Korea Investment Corporation’s (KIC) new chief executive Seoungho Jin has shaken up his top team as he looks to ramp up investment in private markets by 2027.

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Nigeria's NSIA Surges to US$3.5bn, Looks to Infra Partnerships and VC for Growth

2nd September, 2021

The Nigeria Sovereign Investment Authority reported growth of 250% in just six years to US$3.5 billion in its latest annual report and is set to press further with infrastructure development and investment in innovation under a new board announced by President Muhammadu Buhari this week.

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Temasek Becomes Singapore Super-Incubator with a Suite of In-House Startups

1st September, 2021

Temasek is establishing a suite of its own in-house startups that are bolstering Singapore’s tech ecosystem and point to a new strategy that will be keenly studied by other state-owned investors (SOIs).

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Stocks and Bonds Boost Annual Returns, But Private Markets Drive Long-Term Growth

27th August, 2021

Recent annual returns by state-owned investors have demonstrated that the rally in public equities has boosted portfolios, but long-term returns suggest private markets generate stronger yield.

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How Will China's Tech Crackdown Impact on Temasek?

3rd August, 2021

China’s crackdown on consumer technology companies is having a chilling effect on the country’s attractiveness to venture capital, but although Temasek appears to have the most to lose it is continuing to plough millions into Chinese startups.

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Chasing Indian Unicorns

30th July, 2021

Earlier this month, food delivery company Zomato went ahead with its planned IPO in the Bombay Stock Exchange, becoming India’s biggest offering of the year so far. The process was oversubscribed 10.7 times, and the company raised US$ 564 million from 186 anchor investors including ADIA, CPP, GIC and OMERS.

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Intel Deal Could Give Mubadala Massive Boost for VC Drive

21st July, 2021

Abu Dhabi sovereign wealth fund Mubadala could earn up to US$30 billion from selling its semiconductor business GlobalFoundries to Intel - US$10 billion more than the enterprise value estimated earlier this year when it mooted an IPO.

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