20th July, 2022
Healthy private equity returns helped the US$446 billion California Public Employees' Retirement System (CalPERS) beat its -7.0% benchmark return with a -6.1% net return on the financial year ending June 30.
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20th July, 2022
India’s quasi sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF), has announced the acquisition of an equity stake in the Navayuga Quazigund Expressway Private Limited (NQEPL) through its Master Fund at an enterprise value of around US$380 million.
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18th July, 2022
Japan’s JPY196.6 trillion (US$1.42 trillion) Government Pension Investment Fund (GPIF) weathered the geopolitical turmoil that rocked markets in the wake of the Russian invasion of Ukraine, reporting a mere 1.1% decline in the portfolio in the last quarter of FY2021/22, corresponding with Q1 of 2022.
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15th July, 2022
Saudi Arabia’s Public Investment Fund (PIF) is continuing its drive in the luxury vehicle markets, becoming the second-largest shareholder in Aston Martin Lagonda.
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14th July, 2022
The Alberta Investment Management Corp (AIMCo) has chosen Singapore over Hong Kong as its Asian base of operations, following a trend that has seen the sovereign city state preferred over the restive Chinese territory.
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13th July, 2022
The Oman Investment Authority (OIA) notched up a 10.3% return in 2021, in a year in which it completed 35 investments in private markets, according to its latest report.
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12th July, 2022
Temasek posted a respectable 5.8% return in a year of immense change for the Singaporean state-owned investor, which saw it recruit a new chief executive, Dilhan Pillay Sandrasegara, following 17 years under Ho Ching.
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11th July, 2022
The US$456 billion California Public Employees' Retirement System made a dramatic decision this month by selling a huge slice of its private equity portfolio at a discount and cutting ties with external managers, despite its previously stated objective to raise its allocation to the asset class.
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8th July, 2022
After two years of frenetic activity in venture capital, sovereign wealth funds and public pension funds have stepped on the brakes as the effects of the Ukraine crisis threaten to upset the post-pandemic recovery.
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7th July, 2022
The decision of Abu Dhabi sovereign investors Mubadala and ADQ and the Royal Group conglomerate to back SoftBank executive Rajeev Misra's new US$6 billion multi-asset investment fund shines a light on the Emirate's internal dynamics in a post-Khalifa era.
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6th July, 2022
Russia’s National Wealth Fund continues to defy past expectations, swelling its assets under management to US$210.6 billion – but it may not be all plain sailing for the hefty stabilization fund.
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6th July, 2022
Hearing about a government fund fundraise capital from other state-owned investors should not be longer a surprise. The “Russian model” (after RDIF) of establishing a public vehicle to catalyze foreign co-investors via partnerships was quickly followed by other European countries (Italy, France, Spain) and is now big in Asia (India, Indonesia).
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