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OIA Gears Up With Planned Record-Breaking IPO and Investment in Tech Start-Ups

4th October, 2024

The Oman Investment Authority has announced the IPO of a 25% stake in OQ Exploration & Production, a subsidiary of OQ Group, while at the same time is pouring US$150 million into a tech-focused fund to support start-ups in the GCC region.

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Malaysia’s Bold Green Growth Ambitions Backed by KWAP, EPF and Khazanah

22nd August, 2024

Prime Minister Anwar Ibrahim has bold visions for his country, set out in a slew of policies under the Madani Economy Framework, which was launched in July 2023, as well as the National Energy Transition Roadmap (NETR), which aims to reduce greenhouse gas emissions by up to 45% by 2030 and achieve net zero by 2050.

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India's NIIF Prepares Second Fund-of-Funds With US$1bn Target

18th April, 2024

India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund Ltd (NIIF), is planning to raise a second Private Markets Fund after it closes its first one later this year, which was set to deploy US$600 million in Indian private equity funds.

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ADIA Leads Excitement Over New Indian Unicorn

22nd March, 2024

In a sign that venture capital is rebounding from a dismal 2023, the Abu Dhabi Investment Authority (ADIA) is reportedly in talks to back a late stage funding round by India’s Pocket FM as it seeks to advance its audio streaming service into new markets.

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Korea's NPS and Saudi Arabia's PIF Look to AI Revolution

19th March, 2024

The height of the pandemic saw sovereign investors plunge capital into e-commerce and logistics real estate, but today the biggest focus of their tech investments is artificial intelligence and machine learning – and this month has seen a surge in activity among state-owned investors.

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Abu Dhabi and France SWFs Firm Up African Tech VC Commitments

7th March, 2024

Sub-Saharan Africa is the final frontier for state-owned investors (SOIs), offering potential large rewards – but also significant challenges. For patient investors capable of honing in on good deals, the region offers significant long-term returns that could generate big yields, as well as demonstrating their commitment to sustainable development goals.

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VC is Back: QIA and Mubadala Pump Up Startup Funding

28th February, 2024

Last year’s venture capital drought has given way to a deluge of investment with the Qatar Investment Authority (QIA) the latest to open the sluice gates of funds for startups.

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Temasek-BlackRock Partnership Targets Battery Tech

22nd February, 2024

Decarbonization Partners – the partnership formed by BlackRock and Singaporean state investor Temasek – has struck its seventh deal, leading a US$150 million funding round for thermal battery maker Antora Energy.

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Malaysia’s Khazanah Consolidates Government's VC Push

16th October, 2023

Malaysia’s 2024 Budget has handed to Khazanah the government’s venture capital agencies Penjana Kapital and Malaysia Venture Capital Management (MAVCAP) in a bid to nurture the country’s startup ecosystem, in a further evolution of the sovereign wealth fund’s mandate.

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Hard Lessons in Indian Venture Capital as PharmEasy Valuation Hits SWFs

24th August, 2023

At the height of the Covid-19 pandemic, venture capital investment in e-commerce and healthtech was a no-brainer – and India’s PharmEasy, valued at US$5.6 billion in 2021, provided an ideal opportunity for sovereign investors to jump on the bandwagon in a massive, fast-growing emerging market.

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Jury is Still Out on UK Future Fund Success, While a British SWF Remains Elusive

18th May, 2023

Britain’s “Future Fund”, overseen by the state-owned British Business Bank (BBB), is completing its third year of operations this week having delivered GBP1.14 billion of investment in startups during the pandemic – yet performance is mixed, criticism is fierce, and the possibility of a fully-fledged UK sovereign wealth fund remains dim.

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Britain's Slow Burn SWF Racks Up US$1.4 Billion Investments

27th January, 2023

The UK’s low-key sovereign investor, the British Business Bank’s Future Fund, has been quietly ramping up its investments since its launch in May 2020 with a total of GBP1.14 billion (US$1.41 billion) disbursed by end-2022.

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