Alternatives

ISIF Invests in InsideSales.com

The Ireland Strategic Investment Fund (ISIF) joined a chorus of investors in Provo, Utah-based InsideSales.com. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


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. ]


SWFI First Read, January 16, 2017

ACCESS: GF International and Euroclear Sperahead China ETF In a bid to open up mainland China for European retail and institutional investors, GF International Asset Management, the U.K. subsidiary of the Chinese asset manager of GF Fund Management, has collaborated with Belgium-based Euroclear Bank to launch an international exchange traded fund (ETF). The ETF is […]


ArcLight Capital Sells Firm Stakes to Wafra and Goldman Sachs AM

Boston-based ArcLight Capital Partners LLC, a private equity firm engaged in the energy industry, sold a minority stake in the firm to a number of investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


CPPIB to Acquire a 48% Stake in GlobalLogic

The Canada Pension Plan Investment Board (CPPIB) is acquiring a 48% ownership stake in San Jose, California-based GlobalLogic Inc., an offshore software research & development services provider, from funds advised by Apax Partners LLP, a private equity firm. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, January 11, 2017

Image Credit: CSPAN U.S. President Barack Obama gives his farewell speech in Chicago at McCormick Place. Vontobel Asset Management Hires Suzanna Wong for Int. Sales for Asia Vontobel Asset Management hired Suzanna Wong as head of intermediary sales for Asia. Wong was Regional Head for Asia-Pacifc at Banque SYZ, a Swiss private bank, since 2014. […]


SWFI First Read, January 10, 2017

Marty Chavez Named CFO of Goldman Sachs R. Martin “Marty” Chavez was named Chief Financial Officer at Goldman Sachs. Previously, Chavez was Chief Information Officer at Goldman Sachs. Chavez joined Goldman Sachs in 1993 in the J. Aron Currency and Commodities division. From 1997 to 2000, he was Global Head of Energy Derivatives at Credit […]


Recycling Capital: Private Equity Eyes Mubadala’s Assets

As Abu Dhabi-based Mubadala Development Co. proceeds with its merger with International Petroleum Investment Company(IPIC), the strategic development sovereign wealth fund (SDSWF) has been looking to dispose and reorganize some of its private equity holdings. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


3 Patterns Heading into 2017 for Sovereign Funds and Asset Owners

What trends will bleed into 2017 with regard to sovereign wealth funds, pensions and other asset owners? U.S. Equity Markets Look Attractive to Some Mega Asset Owners Was the Trump victory rally just representing a reversion to the mean in U.S. equity markets? Renewed confidence in the U.S. economy and greater certainty has galvanized institutional […]


Alibaba’s Koubei Attracts Big Names in Upcoming Round

Chinese internet behemoth Alibaba Group Holding Ltd. is assembling a group of investors for a US$ 1.2 billion potential round in its on-demand services unit called Koubei. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


blackstone

Blackstone’s Everlasting Hedge Fund Ends

Private equity titans such as The Carlyle Group and The Blackstone Group continue to face hurdles with their hedge fund businesses. The Blackstone Group has a division called Blackstone Alternative Asset Management (BAAM). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Bill Gates, TPG and Others Line up Big Dough for Breakthroughs

Billionaire philanthropist and founder of Microsoft Bill Gates has formed a US$ 1 billion investment fund called Breakthrough Energy Ventures. This comes after Bill Gates, in November 2015, revealed a Breakthrough Energy Coalition of billionaires and business leaders who stated they were committed to investing in new forms of energy. The fund will invest in […]


Bpifrance Backs French Insect Farmer Company

On December 15, 2016, Quadia SA, Bpifrance Ecotechnologies (part of Bpifrance), and Future Positive Capital participated in a €14.2 million Series B round of funding for Évry-based Ynsect. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Asian Wealth Fund Invests in Argentine Startup

Buenos Aires-based IguanaFix S. de RL de CV, a startup that is an on-demand home improvement marketplace and service provider, raised US$ 16 million from investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Which Investors are Exposed to Platinum Partners Hedge Fund

Hedge fund manager Platinum Partners was ensnared and investigated by the U.S. Federal Bureau of Investigation (FBI). Five executives at New York-based Platinum Partners were arrested on December 19, 2016, in connection with an alleged US$ 1 billion fraudulent scheme. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view […]


Follow the Money – Episode 27

In this latest episode of Follow the Money, I talk to Don Steinbrugge of Agecroft Partners LLC to get a glimpse of the hottest trends in the hedge fund industry for asset owners such as pensions and sovereign funds. Don gives a candid explanation of the true status of hedge funds, despite a recent barrage […]


Friday SWFI News Roundup, December 16, 2016

FRR to Exclude Tobacco and Thermal Coal from Bond and Equity Portfolios Paris-based Fonds de Réserve pour les Retraites (FRR) will now have to exclude tobacco companies and companies that derive more than 20% of their revenue from thermal coal extraction from the fund’s equity and bond portfolios. This decision was made by FRR’s supervisory […]


Canadian Public Fund Capital Leads Series C in Travel App Hopper

The industry of mobile commerce and analytics, especially in the areas of predicting customer demand and buying behaviors, continues to grow and fascinate innovation-focused investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GIC Helps Take Neustar Private

Private equity firm Golden Gate Capital and a sovereign wealth enterprise of Singapore’s GIC Private Limited are taking Neustar, Inc., a provider of real-time information services, private for a transaction valued at approximately US$ 2.9 billion, including debt to be refinanced. The equity value of the all-cash deal is roughly US$ 1.85 billion. The investors […]


Temasek Invests in Another University-Backed Venture

Oxford Sciences Innovation, a university fund that commercializes science and technology from the parent university, received a capital commitment from Singapore’s Temasek Holdings. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]