Alternatives

Argyle Street Management Buys Pool of Investments from Temasek Unit

A unit of Temasek Holdings sold a pool of investments to an entity that is majority-owned by Hong Kong-based Argyle Street Management being funded by cash and shares. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, April 30, 2016

PROMOTION: Cambridge Associates Names New CEO Cambridge Associates promoted its president and head of global investments David Druley to chairman and CEO. This will be effective July 1, 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Princeton Pays High Fees, Managers Deliver

Princeton has the third largest endowment in the United States, just edging out Stanford University. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


state street

State Street Wins GPIF Custodial Alt Mandate

Japan’s Government Pension Fund Global (GPIF) awarded a mandate to State Street Trust and Banking Co. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


New Zealand Superannuation Fund Sells Some Private Equity Funds

The New Zealand Superannuation Fund (NZSF) confirmed the sales of a number of offshore private equity funds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI – Movers and Shakers – April 18, 2016

BlackRock Global Head of Beta Strategies Set to Retire Long-time BlackRock veteran Amy Schioldager plans to retire in the first quarter of 2017. She is senior managing director and global head of beta strategies at the firm. After retirement, Schioldager plans to serve as a senior adviser at BlackRock. Back in 1996, she was part […]


Chinese SWF Backs Alipay Company

Ant Financial Services Group, a financial services affiliate of Alibaba Group Holding Ltd., raised a fresh round of capital from new and existing investors. Ant Financial is the operator of Chinese online payments platform Alipay. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


blackstone

Christopher Heady Named Blackstone’s Chairman for APAC

Blackstone Group LP, the world’s largest alternative asset firm, appointed Christopher Heady as chairman of its Asia-Pacific businesses. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Activist ValueAct Gets Sued by DOJ

The U.S. Department of Justice (DOJ) filed a civil suit against hedge fund ValueAct Capital in the U.S. District Court for the Northern District of California. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GIC Increases Position on Ancestry Website and DNA Company

Subscription businesses are in. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


ISIF Commits to Latest Atlantic Bridge Fund

The Ireland Strategic Investment Fund (ISIF) expanded portfolio exposure to the country’s technology sector. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


private equity

Khazanah Invests in Series D Round in Garena

Singapore-based Garena Interactive Holding Ltd., a mobile entertainment and e-commerce company, raised US$ 170 million in Series D capital. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


KIC to Back ADT Deal

Private equity giant Apollo Global Management moved to acquire The ADT Corporation, a U.S. electronic securities company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Over $40 Billion Direct: Sovereign Wealth Descends on China

Despite economic headwinds, such as a potential for massive job losses in China, foreign public funds continue to want to access thematic institutional investments in Asia’s largest market. Public institutional investors such as sovereign funds have directly invested over US$ 42.97 billion in China (including Hong Kong) from 2013 to the end of 2015, according […]


InnoVen Inks Two Financing Deals with SE Asian Startups

Increasingly, Singaporean wealth fund capital is flowing into the Southeast Asian financing market for small businesses. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Hedge Funds, Smart Beta and Volatility Timing are Magically Delicious

The first three months of 2016 has startled institutional investors and the asset management community. Many name brand hedge funds posted lackluster returns, thus giving less credibility to the name “absolute return”. Billionaire Ken Griffin’s Citadel posted a negative 8% return in its main hedge fund from the start of 2016 through March 11, 2016. […]


Bridgewater Brings on Former Apple Executive as Co-CEO

Bridgewater Associates hired former Apple executive Jon Rubinstein as co-CEO. Rubinstein will formally join the asset manager in May 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Sovereign Funds Like Trains, Hello Railpool

Yes, we said it. Sovereign funds are keen on European trains. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


london real estate

SWFI First Read, March 2, 2016

KIA Grows Stake in Dubai Parks [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Zuckerberg Money Manager Expands Co-Investment Capabilities

Some Silicon Valley billionaires are opting to invest their capital with multi-family offices. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]