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Germany's KENFO Bets On Private Markets As Nuclear Liabilities Rise

30th July, 2026

Germany’s EUR25.6 billion (US$30.1 billion) nuclear waste fund remains ahead of its funding requirement, but its investment strategy is entering a more demanding phase.

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Mubadala Capital Adds Tokenised Funds to Abu Dhabi’s Digital Asset Strategy

29th July, 2026

Mubadala Capital has opened tokenised access to an evergreen private-markets strategy across Base, Solana and Sui. The US$75 million launch is small, but it extends the sovereign-owned manager’s established model of seeding investment products with its own capital and raising outside money around them.

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Guns N’ Royalties: State Investors Turn Songs and Science into Income

23rd July, 2026

A portfolio containing “Don’t Stop Believin’”, “Bad Romance” and “Livin’ on a Prayer” might sound like the soundtrack to a distressed assets meeting, but for GIC and Sony Music Group it is the background music of a royalty portfolio reportedly worth close to US$4 billion.

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CalPERS’ Private Equity Overhaul Boosts Returns, Lifts Funding Ratio

15th July, 2026

The California Public Employees’ Retirement System’s 14.8% return was powered by equities, but its rebuilt private equity programme made the result stronger.

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SWFs Use Secondaries to Reprice Private Market Exposure

23rd June, 2026

After years of pouring capital into private markets, sovereign wealth funds are facing a less comfortable phase. Fund stakes bought for long horizons are staying on balance sheets for longer than expected, and some are now being sold before managers can deliver exits.

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Bridgewater’s Smaller Model Rewrites The State Owner Case

17th June, 2026

Bridgewater’s fund performance has recovered under Nir Bar Dea, but state-owned investors are going in different directions as it churns out better returns for clients but weaker valuations for some owners.

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CalPERS Scrutiny Opens Wider Questions Over Private Markets In State-Owned Capital

25th May, 2026

A participant-funded forensic report has turned CalPERS’ private market strategy into a wider test of public capital transparency, as it accuses the largest US public pension fund of weak oversight, opaque costs, benchmark problems and incomplete disclosure of private asset economics.

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CIC reopens the US manager channel without reversing the 2025 pullback

25th March, 2026

China Investment Corporation’s recent talks with Blackstone and TPG suggest that its 2025 retreat from US private equity was a pause in form of access rather than a full exit.

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Treasury moves to calm sovereign wealth fund tax fears - but questions remain

19th January, 2026

When concerns began to circulate late last year that the Trump administration was preparing to upend the tax treatment of SWFs, the reaction  saw lawyers issue alerts, investors reviewing strategies and fund managers fielded anxious calls.

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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.

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SWFs are Driving the Take-Private Surge

13th November, 2025

In the past two years, public-to-private (P2P) deals have re-emerged as one of the most reliable channels for private capital deployment at a time of volatility, with sovereign wealth funds serving as anchors and cornerstone investors in consortium take-privates.

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PIFSS’s Return to Private Equity: Strategy and a Role for Wafra?

4th November, 2025

Kuwait’s Public Institution for Social Security (PIFSS) is preparing to restart private equity commitments after a three-year pause, a move that could re-introduce a large, long-duration LP into a market still wrestling with slow exits and uneven fundraising.

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