22nd February, 2021
With the US's Biden administration imposing an arms trade ban on Saudi Arabia over its intervention in Yemen, the defence industry arm of the Kingdom’s sovereign wealth fund PIF is pushing ahead with military product development and weapon system projects.
19th February, 2021
Sweden’s AP4 is aiming to halve the carbon footprint of its investments by 2030 with a goal of net zero by 2040 at the latest, it announced today.
17th February, 2021
Investment in US equities by Saudi Arabia’s Public Investment Fund (PIF) hit an all-time high of US$12.78 billion by end-2020, according to its latest stock exchange filings.
16th February, 2021
ADQ is a state-owned investor that is set to become a name on everyone’s lips as it begins its push into venture capital and evolves from a holding company dominated by infrastructure assets to a sovereign wealth fund in its own right.
15th February, 2021
The future of Italian football club Inter Milan could be soon be determined by Abu Dhabi sovereign wealth fund Mubadala, which is touted by La Repubblica as a front runner for a stake in the Serie A side.
11th February, 2021
India’s National Investment and Infrastructure Fund (NIIF) is close to achieving its US$1 billion target for its Fund of Funds following a US$100 million investment by the BRICS-backed multilateral development bank, New Development Bank (NDB).
10th February, 2021
Dutch public pension fund manager and Ivanhoé Cambridge, the real estate arm of Canada’s CDPQ, have backed Australia’s biggest ever build-to-rent real estate fund.
9th February, 2021
Saudi Arabia’s US$400 billion Public Investment Fund became the latest sovereign investor to enter the growing market for direct lending by becoming an anchor investor in a shariah credit fund. It could signal the beginning of a strong thrust into private credit in an effort to stimulate broader lending availability in Saudi Arabia and beyond.
8th February, 2021
Self-driving car startups are turning to state-owned investors for capital as they drive past unicorn as the pandemic accelerates the adoption of autonomous transportation technologies. Altogether, state-owned investors have deployed more than US$3.5 billion of capital into autonomous transportation solutions, from robotaxis to food delivery.
5th February, 2021
Today’s block-busting IPO by Kuaishou in Hong Kong saw market cap of the Chinese viral video app reach US$180bn, and increasing the value of Temasek’s initial investment in the TikTok rival by 6.3 times within almost 14 months, according to Global SWF estimates.
4th February, 2021
State-owned investors in Australian regional electricity transmission company Transgrid and could suffer a financial short-circuit after the Australian Energy Market Commission (AEMC) issued a draft ruling against its bid to secure a faster recovery of revenue for large capital investments.
3rd February, 2021
The Kuwaiti government has sold its last performing assets to the Kuwait Investment Authority (KIA) in a bid to bridge its yawning budget deficit as it struggles to pay its bills, but the ongoing fiscal problems and political resistance from parliament pose a challenge to the KIA's future.