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CDPQ, GIC and Temasek Join ADQ-Backed Altérra in Support of Brookfield's US$5bn CTF

23rd September, 2024

Singapore’s state-owned investors GIC and Temasek have joined Canadian public pension fund CDPQ and institutional investors to back Brookfield’s Catalytic Transition Fund (CTF), putting it nearly halfway to its US$5 billion fundraising target.

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Temasek Expands Hospital Portfolio in US$10bn India Investment Program

20th September, 2024

Singapore’s Temasek is making further inroads into India’s healthcare and hospital sectors, where it has concentrated its investments.

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Could Ireland’s US$14bn Apple Tax Windfall from ECJ Ruling Scupper SWF Plans?

19th September, 2024

A ruling by the EU’s highest court, the European Court of Justice (ECJ), has demanded that tech giant Apple pays the Irish government EUR13 billion (US$14 billion) in back taxes, claiming that it benefitted from an illegal tax break.

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Mubadala Deepens Partnership with Aldar to Boost Abu Dhabi's Real Estate Development

18th September, 2024

An alliance of Aldar and its biggest shareholder, Abu Dhabi sovereign wealth fund Mubadala, is set to manage US$8 billion of real estate in the emirate in a sign of an evolving strong partnership.

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PIF Flexes Saudi's Soft Power Muscles in Egypt

17th September, 2024

Despite persistent economic problems, Egypt is a top investment destination for Gulf sovereign wealth funds that are not only mindful of its long-term potential as an emerging market but also its strategic position in soft power rivalry over the MENA region.

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OTPP Joins Maple 8 Private Equity Sell-Off

16th September, 2024

North American and European public pension funds are selling large chunks of their private equity holdings as secondary markets have picked up and limited partners are ramping up portfolio sales.

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Delhi's US$262bn Roads Plan Prompts Canadian Funds to Boost Exposure to Indian Highways

12th September, 2024

With India’s Ministry of Road Transport and Highways setting out plans for INR22 trillion (US$262 billion) in infrastructure investment up to FY2031/32, the Indian roads sector continues to be one of the world’s fastest growing infrastructure markets.

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Destination Brazil: CPP Adds to Infra Investments

11th September, 2024

Brazil is growing in prominence as an investment target among state-owned investors eyeing long-term returns and coming quarters are set to see a slew of sovereign capital in the South American market with infrastructure the prime target.

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US Federal SWF Mooted by Biden and Trump Raises More Qs than As

10th September, 2024

Despite being the world’s biggest economy attracting the bulk of sovereign capital, the US lacks a federal-level sovereign wealth fund of its own – but this could all be about the change with rivals in the presidential election pitching their visions of state capitalism.

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NZ Super Trounces Peers in Both Annual and Long-Term Returns

9th September, 2024

The New Zealand Superannuation Fund (NZ Super) continues to beat peers with another strong result boosted by public equities which enabled it to report a 14.9% return in the year to end-June, helping to boost coffers by NZ$11 billion (US$6.8 billion) to reach NZ$77 billion (US$47.4 billion) in FY2023/24.

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NIIF Plans US$4bn Capital Raise for Indian Infra as it Divests Roads and Renewables

5th September, 2024

India’s quasi-SWF, the National Investment & Infrastructure Fund (NIIF), is planning to raise US$4 billion in capital for infrastructure investments, signalling it is entering a new phase and accelerating its co-investment partnerships.

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FSDEA Comes Back to Life with Diversification Investments

4th September, 2024

Angola’s sovereign wealth fund, Fundo Soberano de Angola (FSDEA), is becoming steadily more active as it continues to find its feet as it recovers its reputation from the corruption scandal revealed in 2018 in the so-called Panama Papers.

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