Middle East

KIA Speaks Up on FY 2016 Returns

The Kuwait Investment Authority (KIA) announced that recent press saying the fund lost US$ 6 billion for 2016 was untrue. [ 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 […]


How Far Along is SoftBank’s Vision Fund After Reaching its First Close?

On the heels of U.S. President Donald J. Trump in Saudi Arabia, Japan-based SoftBank Group announced its first major close regarding the gargantuan SoftBank Vision Fund. Japanese billionaire Masayoshi Son, Chairman of SoftBank, was also in Riyadh at the time. After Trump’s victory over Hillary Clinton in the U.S. Presidential election, Son met with Trump, […]


blackstone

Saudi’s Sovereign Fund is Serious on Infrastructure, Signs MoU with Blackstone

Cash-rich sovereign wealth funds are major participants in the capital-intensive ecosystem of unlisted infrastructure. On his first foreign trip since inauguration day, U.S. President Donald J. Trump is making rounds in the Middle East, starting off in Riyadh. Despite political headaches in Washington D.C. egged on by major T.V. reporters, Trump is keen on having […]


Sovereign Wealth Funds Go Gaga for Venture and Tech Investments

Sovereign wealth funds are betting big on innovation and technology shifts in areas such as cloud computing, consumer mobile, driverless cars and augmented reality to help drive return growth. A cadre of high-profile wealth funds have set up shop in the San Francisco Bay Area including Temasek Holdings, Khazanah Nasional and GIC. The Qatar Investment […]


SWFI First Read, May 13, 2017

Standard & Poor’s Lowers Oman Credit Rating to Junk Standard & Poor’s, one of the major ratings agencies, chopped Oman’s credit rating down to BBB- from BB+ on May 12, 2017. BBB- is junk status. Progress on Proposed St. Kitts and Nevis Sovereign Fund [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. […]


Saudi Prince Mohammed bin Salman’s Potential Gambit on U.S. Infrastructure

Institutional investors, including sovereign funds and state pensions, are thirsting for U.S. President Donald Trump to lay out a concise plan for accessing American infrastructure. Countries such as Canada, China, Japan, Qatar and now Saudi Arabia have made it clear publicly and through channels to signal a desire to move institutional capital to fund much-needed […]


SWFI First Read, May 11, 2017

Sino-Ocean Land Acquires SOMA Office Property in San Francisco Beijing-based Sino-Ocean Land, which is owned by COFCO, has acquired an office building at 1161 Mission Street in San Francisco. The anchor tenant for the building is WeWork. The seller of the building is Los Angeles-based Downtown Properties, a property business formed by Goodwin Gaw. In […]


OIF and Qatar Science and Tech Park Back 500 Startups MENA Fund

The Oman Investment Fund (OIF) is keen on investing in innovative startups. 500 Startups is an investment company and business accelerator that is founded by Dave McClure. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, May 8, 2017

Harvard Management Company Seeks to Sell Major Private Market Interests, Over US$ 2.5 Billion Harvard Management Company (HMC) is seeking to sell an excess of US$ 2.5 billion worth of fund interests in private equity, real estate and venture capital. US$1 billion is in private equity and venture capital interests with the rest in real […]


Institute Fund Summit 2017 Asia – Singapore Slider 18

His Excellency Ahmad al-Sayed speaks, also ranked on SWFI Public Investor 100 < PREVIOUS 19 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 14

The Emerging Markets Panel: India, Turkey and Africa < PREVIOUS 15 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 5

His Excellency Ahmad al-Sayed, the former Qatar Investment Authority CEO, gives a descriptive presentation on sovereign wealth funds and shares his unique experiences. < PREVIOUS 6 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 4

Witnessing the first Institute Fund Summit Asia 2017 group “selfie” < PREVIOUS 5 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


Qatar Holding Gets Voting Rights Boost in Media Giant Lagardere

Qatar Holding, a sovereign wealth enterprise (SWE) of the Qatar Investment Authority (QIA), is a major shareholder in Lagardère Group, a multinational media conglomerate based out of France. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Mumtalakat Invests in German Air Ambulance and Special Missions Flight Company

Bahrain’s Mumtalakat Holding acquired a notable minority interest in Axtmann Aviation Holding GmbH. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Mark Burbach to Join Osool Asset Management

Mark Burbach is joining Osool Asset Management as chief investment officer. Osool Asset Management oversees public retirement funds in Bahrain. Burbach has exited his position as Chief Investment Officer of the Blue Sky Group, the fiduciary manager for Dutch airline KLM’s pension funds. Before the Blue Sky Group, he was Chief Investment Officer at Pensioenfonds […]


Libya Sovereign Fund and Societe Generale Agree to Settle Fraud Case

In a gesture to avert a high-publicity trial, French banking giant Société Générale SA had reached an agreement with the Libyan Investment Authority (LIA) to settle legal disputes regarding bribes and derivatives – thus avoiding a court case in London’s High Court. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe […]


SWFI First Read, May 4, 2017

Tasplan Awards Mandate to IFM Investors Tasplan is a superannuation fund based in Hobart, Tasmania. Tasplan awarded a A$ 670 million mandate for IFM Investors to run an actively managed Australian core equities strategy. This coincides with the RBF Tasmanian Accumulation Scheme transferring assets to Tasplan from April 2017. Alaska Permanent Fund Approaches $60 Billion […]


Saudi Arabia Deputy Crown Prince to Target Majority of Aramco IPO Proceeds for Domestic Use

In early May 2017, Saudi Arabia Deputy Crown Prince Mohammad Bin Salman Al Saud, in a state televised address, commented that the Public Investment Fund (PIF) will use proceeds from the initial public offering (IPO) in Saudi Aramco will be spent between 50% to 70% domestically. PIF would support and further strengthen the country’s mining, […]