Alternatives

Asian SWF Invests in Korean Mobile Content Unit

Asian sovereign investors are keen on getting exposure to consumers. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


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 […]


Big Data Giant Palantir Quietly Raises Money

Sovereign wealth capital, combined with CIA-support money, participated in an investment round for Palo Alto-based Palantir Technologies, Inc. The tech media crowd perceives Palantir as one of the most secretive data mining firms in Silicon Valley. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, November 27, 2016

State Street Sells Back Complementa Investment-Controlling to Company Management State Street Corporation sold its ownership of Swiss data and analytics firm Complementa Investment-Controlling to its management. Complementa CEO Heinz B. Rothacher purchased 100% of the shares in Complementa plus it subsidiaries. The company is based in St. Gallen and has branches in Zurich and Frankfurt. […]


DE-RISK: CPPIB Sells 16% of Antares Holdings to Northleaf Capital Partners

The Canada Pension Plan Investment Board (CPPIB), through an affiliate of its unit CPPIB Credit Investments Inc., sold a 16% equity stake in Antares Holdings to a private fund called Northleaf Private Credit I, managed by Toronto-based Northleaf Capital Partners. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view […]


PIF Backs Gulf E-Commerce Venture Called Noon

Mohamed Alabbar, who chairs the company Emaar Properties PJSC, has formed an e-commerce business calling the venture “Noon”. Emaar Properties is behind developments such as Burj Khalifa and the Dubai Mall. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Russia-China Investment Fund Forms Venture Vehicle with Tus-Holdings

The Russia-China Investment Fund (RCIF), which is backed by the Russian Direct Investment Fund (RDIF) and the China Investment Corporation (CIC), is establishing a new fund with Chinese company Tus-Holdings Co., Ltd. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, November 8, 2016

Mapletree Investments Buys Student Housing Portfolio On November 2, 2016, Singapore-based Mapletree Investments Pte Ltd acquired seven student housing properties in the United States from Kayne Anderson Real Estate Advisors. Property Name City, State # of Beds University 13th & Olive Eugene, Oregon 1,308 University of Oregon Lofts at City Centre Tuscaloosa, Alabama 1,225 University […]


Understanding Private Equity: The Asset Class You Can No Longer Ignore

This article is sponsored by The Wharton School. With market uncertainties growing, many investors and their advisors are taking a closer look at private equity. In fact, this asset class is now attracting a sizeable segment of the economy, and it has an ecosystem that includes not only private equity firms, but banks that cover […]


Friday SWFI News Roundup, November 4, 2016

CICC Appears to be Near Buying China Investment Securities After months of talks and negotiations, Beijing-based China International Capital Corporation (CICC) looks to be closer to buying Shenzhen-based China Investment Securities. China Investment Securities has around 200 retail branches throughout China. China Investment Securities is 100% owned by Central Huijin, a sovereign wealth enterprise (SWE) […]


SWFI First Read, November 3, 2016

GIC May Sell Shares in Shakey’s Singapore’s GIC Private Limited may be selling some of its listed shares in Shakey’s Pizza Asia Ventures Inc. GIC may sell the shares depending on the final initial public offering price (IPO). Elliott Management to Acquire Controlling Stake in Aeolus Capital Management Elliott Management Corporation, founded by hedge fund […]


How $100 Billion from the SoftBank Saudi Fund Will be Transformative

Startups and growth-focused technology companies need to pay close attention to the amount of capital sitting in sovereign wealth. Let the unicorns breathe. Unicorns are startups that have valuations of over US$ 1 billion. Tokyo-based SoftBank Group Corporation, overseen by Masayoshi Son, and Saudi Arabia’s Public Investment Fund (PIF) announced the formation of a US$ […]


PSP Investments Takes €500 Million Step onto European Credit Platform

In November 2015, PSP Investments formed a new asset class called private debt. The pension giant wanted exposure to more private credit investments. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


sovereign wealth fund pumpkin

SWFI First Read, October 31, 2016

Happy Halloween! KIC and other Korean Institutional Investors Chat About Overseas Alternative Opportunities The Korea Investment Corporation (KIC) was part of a meeting with other Korean public institutional investors, including Korea Post, to discuss oversees private market opportunities. Ares Management and Cerberus Capital Management were part of the discussion. CalSTRS Eyes Selling Large Real Estate […]


AP3 Backs Bone Health

Bonesupport AB, a Swedish medical technology company that develops treatments for bone fractures and disease, has raised US$ 37 million (327 million SEK) in equity and debt funding. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Genomics Medicine Ireland Attracts ISIF Capital

Dublin-based life sciences startup Genomics Medicine Ireland raised US$ 40 million in a Series A round. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China’s NSSF to Back Fund-of-Funds Vehicle

China’s National Council for Social Security Fund (NSSF) maintains a path of expanding assets into private market investments. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Credit Managers Still Attractive Despite Headwinds

Institutional investors, such as pensions, remain committed to private debt managers, despite upcoming headwinds, according to recent data from SWFI Compass, an RFP and opportunity tracking service. Private credit shops continue to raise large sums of capital from pensions. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


SWFI – Movers and Shakers – October 24, 2016

Olivier Cassin to Lead BNY Mellon IM’s Institutional Distribution for Europe BNY Mellon Investment Management, the investment arm of BNY Mellon, named Olivier Cassin as head of institutional distribution, Europe. Cassin will report to Matt Oomen, Head of International Distribution at BNY Mellon Investment Management. Cassin is coming from Lyxor Asset Management where he as […]


India deals

FirstCry Buys BabyOye, Raises Money

BrainBees Solutions Pvt. Ltd is an Indian company that runs e-commerce properties for baby products including the FirstCry website. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]