9th December, 2022
The Indonesia Investment Authority’s (INA) push for a green energy transition has won the backing of the Danish government’s Investment Fund for Developing Countries (IFU) with the signing of an Investment Framework Agreement (IFA) for up to US$500 million in co-investments in renewable energy, water, waste management, and other circular opportunities.
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1st November, 2022
The past couple of years have been quite eventful for Greece’s SWF, as it rebranded from HCAP to Growthfund, appointed a new CEO and joined the international scene, including membership of the One Planet SWF network and the EMENA SWF foundation. We had the pleasure of speaking with its CEO, Gregory D. Dimitriadis, about the fund’s momentum and future plans.
10th October, 2022
South Korea’s US$205 billion sovereign wealth fund, the Korea Investment Corporation (KIC), is set to take up membership of the UN PRI (Principles for Responsible Investment), joining the world's largest responsible investment consultative body on ESG investment.
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21st September, 2022
Exclusion of carbon-intensive assets is the easiest way of achieving a greener portfolio, but Canadian state-owned investor Alberta Investment Management Corporation (AIMCo) believes pension funds can do one better than simply divesting from fossil fuels to address climate change.
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13th April, 2022
Local geography and resource limitations are driving agricultural tech investments by state-owned investors from the UAE and Singapore.
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12th April, 2022
Canadian public pension behemoth CPP Investments is set to ramp up investments in Indian renewables, CEO John Graham told a press conference in Mumbai this week.
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1st April, 2022
Despite popular beliefs, the Kuwait Investment Authority (KIA) has one of the highest proportions of female employees among SWFs, at around 50%. One of the main reasons is its Fresh Graduate Training Program, which has since 1995 attracted the best Kuwaiti talent and supported women’s careers. The program is now headed by Ms. Aliah Al-Tameemi, who is the most senior woman at the fund and the first to be named as an executive director in 2017. She oversees a portfolio estimated at over US$ 100 billion in alternative investments, including real estate, infrastructure, private equity and hedge funds, and is the Chairman of infrastructure-dedicated subsidiary Wren House Infrastructure. We had the great pleasure of talking with Ms. Al-Tameemi about her career path, current responsibilities and future goals as a trailblazer of the SWF industry in the Middle East.
31st March, 2022
Abu Dhabi sovereign wealth fund Mubadala is seeking to deepen its partnership with leading global asset manager BlackRock with plans to invest in Tata Power’s new Indian renewable energy arm.
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10th March, 2022
The world’s biggest sovereign wealth fund, the Government Pension Fund Global (GPFG) managed by Norges Bank Investment Management (NBIM), has excluded one Chinese company for human rights violations and put three others on “observation” as part of its ethical investment policy.
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8th March, 2022
Today is International Women’s Day and, once again, we have studied in detail the female representation at State-Owned Investors, including SWFs and PPFs. Diversity and inclusion are becoming key parameters in ESG reporting, and funds are putting a lot of effort in recruiting and retaining people of all genders, races and backgrounds. We observe large disparities in the composition of the workforce of the world’s major SOIs
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18th January, 2022
Dutch public pension fund manager APG’s US$750 million investment in ILX Management’s private credit fund, which is oriented towards Sustainable Development Goals (SDGs), demonstrates the weight state-owned investors are giving to private debt in emerging markets – as well as integrating debt exposures with ESG principles.
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17th January, 2022
Campaigners against dangerous cladding on high-rise residential buildings have appealed to Norges Bank Investment Management (NBIM), manager of Norway’s US$1.4 trillion sovereign wealth fund, to withdraw GBP5.7 billion (US$7.8 billion) of investments in firms implicated in the manufacture and supply of allegedly hazardous building materials.
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