China

In the World of Offshore Peruvian Natural Gas, CNPC to Bet Big on Block 58

China National Petroleum Corporation (CNPC), a state-owned oil giant, announced plans to invest US$ 2 billion in an oil and gas block located in Southern Peru. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China Life Finances ElmTree US Portfolio with $950 Million Recap

For quite some time, China Life Insurance Group, the largest financial insurance corporation in China, has signaled a desire to invest in overseas fixed income investments. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


ESTIMATE – Sovereign Funds Experienced $16.6 Billion in Net Losses from GFC Bank Bailouts

Was it worth it? For a select group of sovereign funds the consensus answer is clearly “no” from a financial standpoint regarding tens of billions spent on bailing out financial institutions during the global financial crisis (GFC). Many of these institutional investors had incurred losses from these lifeline investments. SWFI estimates that US$ 56.48 billion […]


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 […]


China Aerospace Science and Technology Corp Leads Fundraise for SOE Innovation Fund

Beijing-based China Aerospace Science and Technology Corporation is a state-owned enterprise (SOE) that is the main contractor for China’s space program. China Aerospace Science and Technology is backing a fund with other SOEs and state-backed banks to form the named State-Owned Enterprises China Innovation Fund, targeting 150 billion RMB (US$ 21.76 billion) in a fund […]


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 […]


$124 Billion Pledge for the New Silk Road

On May 14th, 2017, Chinese President Xi Jinping pledged US$ 124 billion for his new Silk Road plan, luring more countries and corporations into its geopolitical clout. Also known as the One Belt, One Road program, which was revealed in 2013, the New Silk Road looks to expand beyond the interconnectedness of Asia and Europe. […]


Qatar Investment Authority Trims Shares in Agricultural Bank of China

The Qatar Investment Authority (QIA) over 2017 has been trimming its equity holdings in the Agricultural Bank of China Ltd. On April 13, 2017, Qatar Holding LLC, the sovereign wealth enterprise (SWE) of the QIA, sold off 30 million H shares. China’s five major listed banks in April demonstrated shrinking interest margins, causing quarterly profits […]


Temasek Invests in Yichang Hec Changjiang Pharmaceutical

Singapore’s Temasek Holdings has invested in a Chinese pharmaceutical company that manufactures an anti-flu product, among other drugs. Through a series of subsidiaries, Bartley Investments Pte. Ltd., a sovereign wealth enterprise (SWE) of Temasek Holdings, purchased 15.1 million H shares in Yichang Hec Changjiang Pharmaceutical Company Limited. This transaction was recorded on April 27, 2017. […]


Bharat Heavy Electricals Excluded from Norway SWF List

Norway’s Government Pension Fund Global (GPFG) added a company to its exclusion list. The company added to the exclusion list is Bharat Heavy Electricals Limited, an engineering and manufacturing company based in New Delhi. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Institute Fund Summit 2017 Asia – Singapore Slider 12

Ryan He lights up the delegates as the interlocutor for China’s industries < PREVIOUS 13 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


Institute Fund Summit 2017 Asia – Singapore Slider 6

Networking and sharing experiences are hallmark traits at SWFI events. < PREVIOUS 7 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


Institute Fund Summit 2017 Asia – Singapore Slider 2

The Asian Century panel gets revisited. Ryan He from the China Light Industry Council gives his perspective on China. < PREVIOUS 3 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


SWFI First Read, May 5, 2017

Ping An Forms Fin-tech Health-tech Billion Dollar Fund Ping An Insurance (Group) Company of China, Ltd. is the biggest insurance company in China by market value. Ping An has been moving investments from its portfolio from domestic to overseas – as of December 2016 having roughly 5% of insurance assets ex-China. Ping An formed a […]


Temasek and Yunfeng Capital Lead Series B Round in WuXi NextCODE

Institutional capital is investing more of its resources into genome sequencing data companies, betting on the advent of precision medicine. WuXi NextCODE, a contract genomics organization, raised US$ 75 million in a Series B round. The financing round was led by Singapore’s Temasek Holdings and Yunfeng Capital, a fund backed by Alibaba founder Jack Ma. […]


Silk Road Fund Acquires Interest in Italian Motorway Company

A collection of institutional investors have acquired a 10% stake in Autostrade per l’Italia S.p.A. from Atlantia. The first 5% stake of Autostrade was sold to an investor group formed by Allianz Capital Partners. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, April 30, 2017

LIA Turns its Legal Sights on Société Générale via Derivative Trades The Libyan Investment Authority (LIA) is going after its next target, Société Générale S.A. This is in relation to derivative trades made back in 2007 and 2009, a similar pursuit made by LIA to Goldman Sachs. The case is being taken up in London’s […]


SWFI First Read, April 26, 2017

HNA Group Takes Sizable Stake in Dufry Hainan-based conglomerate HNA Group inked a deal to acquire a 16.79% ownership stake in Dufry AG, a Swiss duty-free retail operator, for around 1.44 billion CHF. HNA acquired the Dufry stakes from both GIC Private Limited and Temasek Holdings, according to an exchange filing. National Bank of Abu […]