private equity

Sovereign Wealth Capital Invests in Moximed

Hayward, California-based Moximed, Inc., a developer of unicompartmental load absorber implants for active patients with painful knee osteoarthritis (OA), raised a US$ 50 million Series C round. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, March 1, 2017

NeuStar Transaction to go Under CFIUS Purview On February 3, 2017, the acquirors of NeuStar, Inc. (San Francisco-based Golden Gate Capital and GIC Special Investments Pte. Ltd. – part of GIC ) filed a draft notification form with the Committee on Foreign Investment in the United States (CFIUS). CFIUS approval is necessary for the buyout […]


GIC Takes Contrarian Real Estate Approach in Brisbane and Perth

This mega Asian wealth fund has embarked on a contrarian stance in certain Australian real estate markets. Singapore’s GIC is investing 800 million AUD across two real estate strategies. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

The U.S. vs The Rest: Litigation Funding’s Local Characteristics

This article is sponsored by Goal Group. Even though the number of class action lawsuits brought to court is growing in mature jurisdictions around the world, the United States is still the largest market for securities and antitrust class action litigation. This is not least due to a number of crucial, and favourable, differences in […]

SWFI First Read, February 13, 2017

Endeavour Energy Gets Offers The New South Wales government has received offers for a majority stake in Australian state-owned power grid Endeavour Energy. One investor group is led by Macquarie Group partnering with British Columbia Investment Management Corporation (bcIMC). Another investor group is led by Queensland Investment Corporation (QIC) that includes AMP Capital and Borealis […]

SWFI – Movers and Shakers – February 7, 2017

Executive Shuffle at BlueBay Asset Management Eric Gerth will become the Chief Executive Officer of BlueBay Asset Management LLP effective around May 2017. Previously, he was Global Head of Business Development at BlueBay Asset Management since December 2012. Before BlueBay Asset Management, he was the Chief Executive of Global Business Development at Aviva Investors London […]

Sovereign Funds and Pensions Parking Money in Smart Beta Strategies

Equity-focused sovereign wealth funds understand that smart beta factors have cycles. However, which factors will outperform in 2017? For asset managers and owners, 2016 was a noteworthy year for smart beta strategies in terms of adoption, inflows and product growth. Motivated institutional investors, such as sovereign funds and pensions, are looking to allocate more capital […]

SWFI First Read, January 31, 2017

Kuwait FinMin Expects $25.85 Billion Budget Deficit for New Fiscal Year Kuwait Finance Minister Anas al-Saleh announced the budget deficit for the new fiscal year, beginning April 1, 2017, to be 7.9 billion KWD (US$ 25.85 billion). The minister’s forecast was built on an assumption of a US$ 45 oil barrel price and after a […]

Powering Australian Renewables Fund Buys Silverton Wind Farm

The Powering Australian Renewables Fund (PARF) acquired the 200 MW Silverton wind farm project in New South Wales from AGL Energy Limited. The PARF is financially backed by Australia’s Future Fund, QIC (QIC Global Infrastructure Fund) and AGL Limited. AGL had provided US$ 200 million in equity funding to the PARF. [ Content protected for […]

SWFI First Read, January 18, 2017

GIC Participates in Investment in Pool Supply Company Leslie’s Holdings [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

U.S. Poised to Eclipse Europe on Direct Sovereign Investor Investments

Incoming data and research figures from the Sovereign Wealth Fund Institute (SWFI) show that sovereign funds from 2014 to the end of 2016 have been increasing direct investments into North America, specifically the United States, while steadily decreasing direct investments into Europe. 2016 direct investment transaction data is not fully tabulated yet, as the fourth […]

Top 10 Fascinating Asset Owner Hires of 2016

The Sovereign Wealth Fund Institute (SWFI) editorial team has come up with a short list of the top 10 most fascinating asset owner (sovereign fund, pension fund, superannuation fund, endowment or other end user investor) for 2016. Promotions within an organization do not count. 10. Rob Hogg Became Head of Global Strategies and Quantitative Methods […]

ADIA Unloads Some Australian Institutional Property Interests

The Abu Dhabi Investment Authority (ADIA) is capturing some profits and realigning part of its Australian property portfolio. Being the largest owner of hotel properties in Australia, the sovereign investor is restructuring its 31-hotel Australian portfolio. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

SWFI First Read, December 15, 2016

Temasek Exits from CITIC Resources On December 9, 2016, Singapore’s Temasek Holdings sold 786,558,488 shares of CITIC Resources Holdings Ltd. at an average consideration of 1.235 HKD per share. Temasek had sold its whole 10.01% stake in CITIC Resources. Ontario Teachers’ and OMERS Explore Selling Stake in HS1 Borealis Infrastructure, the infrastructure unit of Ontario […]

SWFI First Read, December 13, 2016

Amundi Acquires Pioneer Investments Amundi is acquiring Pioneer Investments from UniCredit for €3.55 billion. UniCredit sold the asset manager in a bid to shore up cash, as the Italian banking giant seeks to have a fund raise. Amundi’s acquisition of Pioneer Investments will add more assets under management, about €222 billion, to its growing platform, […]

SWFI First Read, December 11, 2016

Gary Parr Retires from Lazard for Executive Role at Apollo Global Management Gary W. Parr is leaving his role as Vice Chairman of investment bank Lazard. Parr is joining alternative investment manager Apollo Global Management LLC in January 2017. He will be a senior managing director and co-chairman of Apollo’s management operating committee. Parr joined […]

Foreign Investors Line Up for Endeavour Energy

Caisse de dépôt et placement du Québec (CDPQ), Hastings Funds Management Limited, Sydney-based Spark Infrastructure Group and the Kuwait Investment Authority (KIA), have indicated an interest in acquiring Sydney-based Endeavour Energy. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

SWFI First Read, December 6, 2016

BlackRock Hires Former CMO and CCO at Buzzfeed to Lead Marketing Efforts BlackRock Inc. hired the former Chief Marketing Officer and Chief Creative Officer at Buzzfeed, Frank Cooper, to be the firm’s new global chief marketing officer. Frank Cooper will report to BlackRock CEO Laurence “Larry” Fink. Cooper had stints at PepsiCo Inc., AOL, Warner […]

SWFI First Read, November 29, 2016

Mubadala and HNA Group Ink MoU Abu Dhabi-based Mubadala Development Co. inked a Memorandum of Understanding (MoU) with HNA Group, the large Chinese conglomerate that acquired a majority ownership stake in SR Technics from Mubadala, that involves both entities identifying potential investments in aerospace, real estate, financial services and advanced manufacturing. Mubadala had retained a […]

SWFI First Read, November 23, 2016

Fidelity Investments Names Abigail Johnson as Chairwoman Abigail Johnson was named Chairwoman of Fidelity Investments. She was named CEO of Fidelity Investments in October 2014. She is replacing her father, Edward “Ned” Johnson, as chairman of the company. Serious Fraud Office Plans to Make Decision in March Regarding Barclays Capital Raise [ Content protected for […]