Australia

SWFI First Read, May 23, 2017

Ping An Insurance Leads Series A in Huya China Ping An Insurance Overseas (Holdings) Ltd., a unit of Ping An Insurance, led a US$ 75 million Series A round in Huya. Huya is a live-video streaming platform owned by YY Inc, a Chinese listed social networking platform. Other investors in the round include Engage Capital, […]


Brisbane

Quadrant Private Equity to Sell Icon Cancer Care to Investor Group

Sydney, Australia-based Quadrant Private Equity Pty Limited sold its ownership in Icon Cancer Care Group, an Australian healthcare organization focused on cancer treatment. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


tibbles

SWFI First Read, May 19, 2017

Like Others, CPPIB Grows Net Assets CPPIB grew net assets to C$ 316.7 billion at March 31, 2017. In addition, the portfolio return generated an investment return of 12.2%. The return was calculated differently compared to the previous fiscal year, as well as the classification of asset classes. In the reported fiscal year, CPPIB conducted […]


QIC Eyes Mall Portfolio Deal with Forest City Realty Trust

Forest City Realty Trust, Inc. and Brisbane-based QIC have a U.S. real estate retail joint venture that was formed in 2013. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, May 17, 2017

APG Continues to Play in Dutch Residential Leasing Market APG Asset Management is part of a group of investors to kick in an additional €280 million into a portfolio of Dutch residential rental properties overseen by Rotterdam-based Vesteda. The money will target opportunities in the areas of Ranstad, Brabant and other cities in Netherlands. Vesteda […]


australia infrastructure

bcIMC and QIA Get Exposure to Endeavour Energy Deal

An investor group called Advance Energy led by Macquarie Infrastructure & Real Assets won a bid to acquire a majority stake in Endeavour Energy, a New South Wales (NSW) government utility company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, May 8, 2017

Harvard Management Company Seeks to Sell Major Private Market Interests, Over US$ 2.5 Billion Harvard Management Company (HMC) is seeking to sell an excess of US$ 2.5 billion worth of fund interests in private equity, real estate and venture capital. US$1 billion is in private equity and venture capital interests with the rest in real […]


SWFI First Read, May 4, 2017

Tasplan Awards Mandate to IFM Investors Tasplan is a superannuation fund based in Hobart, Tasmania. Tasplan awarded a A$ 670 million mandate for IFM Investors to run an actively managed Australian core equities strategy. This coincides with the RBF Tasmanian Accumulation Scheme transferring assets to Tasplan from April 2017. Alaska Permanent Fund Approaches $60 Billion […]


Public Fund-Backed LBC Tank Terminals Sells Some Euro Assets to Alkion Terminals

Mechelen, Belgium-based LBC Tank Terminals is one of the biggest operators of bulk liquid storage facilities for chemical petroleum products and base oil products. LBC Tank Terminals is owned by PGGM, APG Asset Management, State Super and Sunsuper. Owners of LBC Tank Terminals LBC Tank Terminal Investor Official Holder Investor Inception Ownership Percentage PGGM ThroughStichting […]


SWFI First Read, April 28, 2017

Australia’s Future Fund Rides the Bullish Wave into March 2017 As of March 31, 2017, the Future Fund reached A$ 129.6 billion in assets. David Neal, Managing Director of the Future Fund, said in a press release, “The Future Fund’s overall risk level remains unchanged and towards the lower end of our normal expectations. This […]


SWFI First Read, April 23, 2017

Schroders to Buy Adveq In a bid to diversify into the lucrative world of alternative investments, Schroders PLC, a FTSE 100 investment management company, made its move to buy Adveq Holding AG (Adveq), a specialist private equity business. Adveq was founded in Zurich in 1997. Bruno E. Raschle, Executive Chairman of the Board of Directors […]


australia infrastructure

First State Super and Others Enter in Land Title Deal with NSW

In a ground breaking deal, First State Super, Hastings Funds Management and other investors have agreed to pay A$ 2.6 billion to manage New South Wales state’s land registry, Land and Property Information (LPI), for 35 years. This unique transaction permits the investor group to levy fees for property ownership registrations in New South Wales […]


SWFI First Read, April 14, 2017

Slight Postponement in QIA-BRF Deal for Banvit The Qatar Investment Authority (QIA) and BRF SA’s deal to acquire Banvit Bandirma Vitaminli Yem Sanayii AS (Banvit), Turkey’s largest poultry producer, has been briefly postponed due to document and precondition issues. In a public filing, Banvit revealed paperwork wasn’t ready in time for the company’s annual general […]


Mark Burgess to Chair Investment Committee at HESTA

A former managing director from Australia’s Future Fund has joined the board of HESTA. Mark Burgess will chair the investment committee at HESTA, along with Melda Donnelly and Tim Hughes. Burgess will join the HESTA board as an independent non-executive director. The new investment committee will meet six times per year. [ Content protected for […]


SWFI First Read, April 11, 2017

J.P. Morgan Asset Management to Acquire Beacon Rail Leasing J.P. Morgan Asset Management has agreed to buy Beacon Rail Leasing, a U.K. rolling stock leasing company, from London-based Pamplona Capital Management (through Pamplona Capital Partners III), for £855 million. Pamplona Capital Management started a bidding process for the asset in November 2016. The private equity […]


SWFI First Read, April 8, 2017

KWSP Invests in Melbourne Square Project Malaysia’s Employees Provident Fund, also known as KWSP, is investing 154 million AUD, alongside Malaysian industrial group OSK Holdings, in a mixed-use development in the centre of Melbourne in Australia called Melbourne Square. KWSP is taking a 49% stake in Yarra Park City, a unit of OSK Holdings that […]


SWFI First Read, April 1, 2017

There is a New Bank of Ghana Governor in Town Ghana President Nana Akufo-Addo brought on a new central bank governor. He hired Ernest Addison to be the new central bank governor of the Bank of Ghana. Addison replaces Abdul Nashiru Issahaku. Ernest Addison was Lead Regional Economist at the Africa Development Bank (ADB), in […]


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. ]


forest

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 […]


Brisbane

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. ]