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CPP Spreads its Tentacles in Renewables, Boosting its Global Leadership in Clean Energy

26th July, 2022

Canada’s biggest public pension fund, CPP Investments, continues to maintain its position as a leading global investor in renewable energy with this week seeing it stump up a further US$225 million in Octopus Energy Group.

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ADIA secures new leadership for Private Equity, Real Estate

25th July, 2022

The Abu Dhabi Investment Authority (ADIA), the world’s fourth largest SWF and the largest investment vehicle in the Middle East, has gone through several organizational changes recently and it just added two high-profile hires from North America to lead its efforts around Global Real Estate (Drew Goldman) and American Private Equity (Andrew Claerhout).

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Dutch Lessons: Inflation and Market Turmoil are Major Challenges for PPFs

22nd July, 2022

The performance of Dutch public pension funds has proven robust despite the impact of the Ukraine crisis on the European economy, but a sharp decline in yields across asset classes will challenge their ability to defend funding ratios while raising pensions in line with inflation.

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CIC Consolidates Overseas Operations, Rivals NBIM as World's Biggest SWF

21st July, 2022

Following 18 months of rumor, the China Investment Corp (CIC) is merging CIC International and CIC Capital, bringing together overseas private equity and infrastructure operations merged into a single unit, according to Bloomberg.

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PE Rescues CalPERS’ Performance, but Musicco Doesn’t Change Her Tune on Overhaul

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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NIIF Drives Road Investment in India

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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Japan’s Goliath-Sized Fund Proves Resilient in Crisis

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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PIF Accelerates its Automotive Drive with Aston Martin Deal

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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Singapore Challenges Hong Kong as Regional Hub for Sovereign Investors

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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Oman Achieves Double-Digit Return and Plans Divestment to Diversify Economy

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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Temasek Future Proofs for Tough Times Ahead

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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The $6bn Private Equity Sale: What is CalPERS Up To?

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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