12th April, 2023
Norway’s US$1.35 trillion sovereign wealth fund, the Government Pension Fund Global, could start investing in private equity, potentially funneling billions into the asset class - but even if Norges Bank Investment Management (NBIM) agrees to a government request to examine "various aspects of unlisted equities”, any deployment is likely to be gradual and conservative.
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6th March, 2023
Two funds chaired by Abu Dhabi powerhouse Sheikh Tahnoon bin Zayed al-Nahyan are planning to create one of the Middle East’s biggest independent asset managers, with General Atlantic joining as a strategic investor and partner in the new entity.
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31st January, 2023
The ripple effects of Russia’s invasion of Ukraine caused the biggest loss since the 2008 financial crisis for Norway’s US$1.3 trillion sovereign wealth fund – and put boosters on its case for portfolio diversification into private markets.
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26th January, 2023
The Ireland Strategic Investment Fund (ISIF) has announced it is one of the backers of Netherlands-based Waterland’s new EUR4 billion of pan European funds with its new ninth fund - Waterland Private Equity Fund IX - set to increase its investments in Irish businesses over the next two to three years.
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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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7th October, 2022
Last September 30 we had the privilege of participating in an offsite meeting of the Board of Directors of the Panama Savings Fund (FAP), along with leading economists and representatives of the World Bank.
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31st August, 2022
Climate change and population growth, along with the conflict in Europe’s breadbasket Ukraine and soaring energy prices, are creating the ideal storm in which famines become more likely.
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18th August, 2022
Since the passing of Abu Dhabi and UAE leader Sheikh Khalifa in May, two of the Emirate’s sovereign wealth funds – Mubadala and ADQ – have shown increasing signs of co-operation with this week seeing the Mubadala-backed artificial intelligence firm G42 forming a partnership with ADQ’s venture capital arm the Abu Dhabi Growth Fund to create a US$10 billion fund with a focus on tech investments in emerging markets.
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12th August, 2022
Korea’s state investors are pushing forward with their plans to boost allocations to private markets – and external managers are benefiting from the multi-billion dollar surge in sovereign cash.
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20th July, 2022
Healthy private equity returns helped the US$446 billion California Public Employees' Retirement System (CalPERS) beat its -7.0% benchmark return with a -6.1% net return on the financial year ending June 30.
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11th July, 2022
The US$456 billion California Public Employees' Retirement System made a dramatic decision this month by selling a huge slice of its private equity portfolio at a discount and cutting ties with external managers, despite its previously stated objective to raise its allocation to the asset class.
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8th July, 2022
After two years of frenetic activity in venture capital, sovereign wealth funds and public pension funds have stepped on the brakes as the effects of the Ukraine crisis threaten to upset the post-pandemic recovery.
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