Layout:

China Investment Corporation in the Year of the Fire Horse: Speed, Heat and Control

20th February, 2026

The lunar calendar turned to the Year of the Fire Horse this week. In traditional Chinese symbolism, the Horse represents movement, independence and forward drive, while the Fire element adds intensity and volatility.

Subscriber Post

China–US frictions prompt state-owned investors to adjust private equity exposure

11th February, 2026

Over the past two years, China–US tensions have increasingly shaped the portfolio strategies public pension funds and sovereign wealth funds leading to a structural recalibration in how China and the US are accessed, financed and exited.

Subscriber Post

ADIA’s vote of confidence in China via secondaries, platforms and Hong Kong listings

9th January, 2026

Abu Dhabi Investment Authority (ADIA) has taken a lead role in a China-focused continuation vehicle (CV) backed by Beijing-based CDH Investments, a transaction that sheds light on how the US$1.2 trillion sovereign investor is approaching the market: staying active, but increasingly through structures and partners designed to manage liquidity, exits and execution risk.

Subscriber Post

CIC assets hit US$1.57trn as leverage rises and transparency declines

11th December, 2025

China Investment Corporation (CIC) closed 2024 with record assets and another year of benchmark-beating performance, according to its annual report released this week. But beneath the headline numbers, the sovereign wealth fund is leaning more on borrowing, ramping up its international portfolio, and disclosing less about how and where it invests.

Subscriber Post

China’s CIC Puts a Price on Its Retreat from US Private Equity

3rd December, 2025

China Investment Corporation’s plan to sell about US$1 billion of US private equity fund stakes is a small transaction relative to its US$1.3 trillion balance sheet – but it captures a much larger shift in how Chinese sovereign capital engages with Wall Street.

Subscriber Post

ADIA Moves from LP to Shareholder in GLP’s New Economy Push with US$1.5bn Investment

28th August, 2025

The Abu Dhabi Investment Authority (ADIA) is signalling where sovereign capital sees durable growth: direct investment in asset managers.

Subscriber Post

The Great Pullback: China’s Sovereign Giants Recalibrate Their Private Equity Playbook

21st April, 2025

A tectonic shift is under way in global capital markets as Chinese sovereign wealth funds quietly retreat from the once-fertile fields of US private equity.

Subscriber Post

Fund of the Month (Apr'25): Hong Kong Monetary Authority (HKMA)

1st April, 2025

The Hong Kong Monetary Authority (HKMA) was formed in 1993 following the merger of the Commissioner of Banking and the Exchange Fund. The Exchange Fund’s reserves currently stands at around half a trillion USD, making it one of the world’s largest central bank reserves and one of the most significant asset owners.

Trump’s Second Term: Sovereign Wealth Funds Caught in the US-China Crossfire

21st January, 2025

With President Donald Trump’s second term officially underway, the global investment community is bracing for a period of economic turbulence and geopolitical recalibration.

Subscriber Post

China's CIC gets back on track with a 10.7% return in 2023

27th September, 2024

China Investment Corporation (CIC) released on Friday its 2023 Annual Report, with some positive results. The overseas investments of the Chinese SWF returned +10.7% in the fiscal year ending on December 31, 2023, for a 10-year annualized return of 6.6%, right at the world's average.

Subscriber Post

PIF Stands as a Conduit for Sino-Arabian Ties

17th July, 2024

An agreement by three major Chinese green energy manufacturers to build production plants in Saudi Arabia is the latest episode in a good news story for Sino-Arabian economic relations, but the US's wariness of Saudi reliance on Chinese technological transfer could put Saudi Arabia’s Public Investment Fund (PIF) in a dilemma.

Subscriber Post

Bahrain and Qatar SWFs Foster Closer China Links as Gulf Replaces Western Capital

5th June, 2024

*Bahrain’s sovereign wealth fund Mumtalakat may be a minnow compared to its Saudi, Emirati and Qatari peers, but is swimming towards stronger currents of capital with an agreement forged with the China Investment Corporation (CIC).

Subscriber Post