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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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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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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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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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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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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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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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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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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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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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.
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19th September, 2022
The Qatar Investment Authority (QIA), Norway’s Norges Bank, and Abu Dhabi’s ADQ are joining with institutional investor T. Rowe Price as key cornerstone investors in the EUR9.4 billion IPO of Porsche AG, together committing up to EUR3.7 billion - signalling that SWFs' interest in the automotive industry continues to grow.
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