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Son’s Sun Sets on Tech Vision for PIF and Mubadala

11th May, 2023

Sovereign wealth funds of Saudi Arabia and Abu Dhabi - the Public Investment Fund (PIF) and Mubadala – continue to be major losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.

Saudi Arabia Takes Gaming Seriously with Massive Acquisition

6th April, 2023

Savvy Games, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), continues its focus on the gaming industry with a US$4.9 billion takeover of Scopely, which owns several popular franchises.

PIF Gaming and E-Sports Acquisitions at Breakneck Pace, with US$4bn+ Stake in Nintendo

20th February, 2023

Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.

NIIF-Brokered Partnership Gives a Boost to India’s Data Center Industry

5th January, 2023

India’s National Investment and Infrastructure Fund (NIIF) has teamed up with Digital Edge and AGP to create an India portfolio of hyperscale data centers – starting with a US$2 billion investment in one of the country’s biggest facilities, a greenfield 300MW hyperscale facility in Navi Mumbai.

Asian Data Center Expansion Supported by ADIA-Backed US$2 Billion Platform

23rd November, 2022

The Abu Dhabi Investment Authority (ADIA) has teamed up with Singapore’s SC Capital to establish a data center platform, which is set to reach US$2 billion in equity.

Indonesia: The Venture Capital Frontier for Singapore’s Sovereign Investors

23rd September, 2022

Over the past four years, sovereign investors have stumped up nearly US$2 billion in Indonesian startups, the majority funded by Singapore’s GIC and Temasek.

Temasek Leads Investment in the Future of Food

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.

ADQ and Mubadala Draw Closer, Backing US$10 billion Disruptive Tech VC Fund

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.

Saudi Arabia is a Hardcore Gamer

9th June, 2022

Gaming is a core focus of the Public Investment Fund (PIF) and Embracer Group appears to have hit the right buttons the Saudi Arabian sovereign wealth fund, which invested US$1.05 billion to acquire a 8.1% stake in the Swedish gaming business.

Sovereign Backers of Vision Fund Hit by Son’s Strategic Failure

13th May, 2022

Sovereign wealth funds of Saudi Arabia and Abu Dhabi are among the main losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.

Qatar's SWF Supports Elon Musk's Twitter Take-Over

5th May, 2022

Elon Musk’s takeover of Twitter has won the support of the US$445 billion Qatar Investment Authority (QIA), which has contributed US$375 million to his buyout.

OTPP Aims to Triple Venture Capital Allocation and Plans Silicon Valley Push

19th April, 2022

One of Canada’s biggest public pension funds is following a trend seen throughout the sovereign investor universe towards creating venture capital platforms in the bid to boost long-term returns.

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