Deals

GIC Forms Partnership with Largest Indonesian Theater Operator

Singapore’s GIC Private Limited has boosted deals in Indonesia in recent times. The Asian sovereign investor is keen on investing in Indonesia’s rising consumer class. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GIC Participated in Allied Minds Private Placement

On December 1, 2016, Boston-based Allied Minds, a company that backs inventions, raised approximately £64 million in equity in a private placement, placing 17,448,847 in new ordinary shares at a price of 367 pence per placing share. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, December 1, 2016

Columbia Investment Management Company Promotes Tim Donohue to CIO Columbia Investment Management Company is naming Tim Donohue as chief investment officer. This is in concert of Peter Holland becoming chief executive officer of Columbia Investment Management Company. Columbia Investment Management Company is the manager of the endowment of Columbia University. Donohue joined Columbia Investment Management […]


ISIF Invests in Non-Bank Lender Finance Ireland

The Ireland Strategic Investment Fund (ISIF) is committing €30 million in Dublin-based Finance Ireland Limited, a private non-bank lender. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Saudi PIF Keen On Buying Stake in Kuwaiti Food Company

With a sizable financial war chest, Saudi Arabia’s Public Investment Fund (PIF) is on the lookout for investment opportunities. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Chinese Sovereign Wealth Indirectly Invests in Mexican Mobile Network Project

Mexico is striving to expand broadband internet access across the country. Mexico’s Secretary of Communications and Transportation awarded an investor group called Altán a mandate to construct and manage a wholesale mobile network. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


CIC and CDC International to Bolster Overseas Investments

Chinese institutional investors continue to forge relationships with European state investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, November 17, 2016

Aberdeen Asset Management Beefs Up Presence in Abu Dhabi Andrew Paul was promoted to Senior Executive Officer at Aberdeen Asset Management Middle East Limited, part of Aberdeen Asset Management. This is a new position. Previously, Paul was Head of Group Strategy in Aberdeen’s distribution division. He is leading the asset manager’s new office in Abu […]


GIC Invests in Capital First Limited

Increasingly, asset owners, such as sovereign investors and large Canadian pensions, want to get access to yield opportunities in India by participating in the country’s financial sector. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


BTG Pactual Gets Closer to Offloading Ariel Re

Grupo BTG Pactual SA is getting closer on exiting its US$ 1.3 billion insurance venture with the Abu Dhabi Investment Council (ADIC). BTG Pactual has been looking to sell non-core assets and shore up cash, as the firm looks to halt global expansion for the time being. [ Content protected for Sovereign Wealth Fund Institute […]


OIF Forms Ubhar Capital with Arab Bank and Ominvest

The Oman Investment Fund (OIF) is looking to increase deal flow in sectors such as real estate and growth equity. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


RBS Seeks to Sell Stake in Saudi Hollandi Bank

The Royal Bank of Scotland (RBS) is looking to sell its 40% ownership interest in Saudi Hollandi Bank. The deal could fetch RBS some US$ 1.22 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Could CPPIB and Wal-Mart Give a Boost to Flipkart?

Bengaluru-based Flipkart is gearing for some real action in the competitive world of online Indian retail. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Canadian Pensions Participate in Buying AlixPartners from CVC Capital

Caisse de dépôt et placement du Québec (CDPQ), PSP Investments, Bahrain-based Investcorp and Jay Alix (founder of AlixPartners), are buying an ownership stake in AlixPartners from London-based CVC Capital Partners. The deal values AlixPartners at more than US $2.5 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view […]


Oman’s SGRF Invests in Mecanizados Escribano

Oman’s State General Reserve Fund is getting a 32.2% ownership stake in Madrid-based Mecanizados Escribano S.L., a family-owned Spanish company manufacturing precision mechanical components for the aerospace, aeronautical, defense and other industries. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


A Hyperloop in Dubai?

Dubai looks to be an early adopter of hyperloop technology when it comes to cargo transportation. Could Saudi Arabia’s Public Investment Fund venture with SoftBank Group also take a look at hyperloop? Gulf countries are increasing their capital allocation toward both technology and infrastructure. DP World is the #3 biggest ports operator on the planet […]


Strategic Sovereign Wealth Invests in French Glass Tableware Maker

The Russian Direct Investment Fund (RDIF) and CDC International Capital, a subsidiary of Caisse des Dépôts, and Bahrain’s Mumtalakat Holdings led a group of investors to invest in Arc, an Arques-based manufacturer of tableware. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


CDPQ Invests in Indian Logistics Service Provider

On October 19, 2016, Caisse de dépôt et placement du Québec (CDPQ) announced they purchased a sizable ownership stake in TVS Logistics Services Limited, an India-based multinational third-party logistics service provider. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, October 25, 2016

Twitter Seeks to Trim Costs, Workforce Reduction Twitter Inc., which faces a class action lawsuit by law firm Robbins Geller Rudman & Dowd LLP, plans to reduce its workforce by 8% – approximately 300 people, according to Bloomberg. Twitter also failed to find buyers to take it private. HNA Group Buys Big Stake in Hilton […]


Temasek Commits Capital Toward Chinese Healthcare

Seattle-based Columbia Pacific Management, Inc., a healthcare provider in Asia, is partnering with Singapore’s Temasek Holdings to form a joint venture. The joint venture will focus on China’s growing middle-class population with affordable, patient-centered care across a spectrum of healthcare and senior services. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please […]