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Follow the Money – Episode 37

Here is a short Follow the Money Show episode after a long-hiatus. This podcast was recorded on May 17, 2017. Download the Episode CONTENTS 1:15 GIC Selling Off its UBS Stake 3:30 Norway’s Sovereign Fund Expands Regent Street Partnership 4:50 One-Belt One-Road, Silk Road Fund Gets More Funding Follow the Money Show is available on […]


India deals

Ascendas-Singbridge and Semcorp Industries Awarded Master Development Rights to Amaravati Startup Area

Amaravati is a planned city on the southern banks of the Krishna River – it is also the new capital city of the Indian state of Andhra Pradesh. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


sovereign wealth india

GIC Invests in Capital First Partial Sell-Off

Private equity firm Warburg Pincus, through Cloverdell Investment Ltd., sold its 25% ownership stake in Capital First, a non-banking financial company in India, for roughly Rs 1,768 crore (US$ 275.4 million). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GIC Sells 3.4% Stake in Straumann Holding

Singapore’s GIC Private Limited has engaged in another Swiss stock sale. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GIC Unloads 2.4% of its UBS Stake

Update May 16, 2017, Lim Chow Kiat, Chief Executive Officer of GIC, “GIC made the UBS sale despite the loss because conditions have changed fundamentally since GIC invested in UBS in February 2008, as have UBS’ strategy and business. It makes sense now for GIC to reduce its ownership of UBS and to redeploy these […]


Sovereign Funds Ramp Up Healthcare Investments

With the United States experiencing an economic recovery, the healthcare industry is expected to prosper as it remains a significant proportion of the country’s gross domestic product (GDP). Sovereign investors are increasing positions in health-related industries such as pharmaceuticals, genome analysis and diagnostic technologies, while large Canadian pension plans have been investing in specialty healthcare […]


Institute Fund Summit 2017 Asia – Singapore Slider 11

Nick Samouilhan of Aviva Investors shares the latest trends on asset allocation and investment strategies with the panel. Srikanya Yathip, Deputy General of the Government Pension Fund of Thailand, smiles on. < PREVIOUS 12 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 9

Cloud Forest – Networking at Institute Fund Summit 2017 Asia < PREVIOUS 10 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 8

A packed room of delegates at Institute Fund Summit 2017 Asia – Singapore < PREVIOUS 9 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 6

Networking and sharing experiences are hallmark traits at SWFI events. < PREVIOUS 7 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 17

Event advisory board member Nicholas Garrott and Rachael Lobb < PREVIOUS 18 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


Institute Fund Summit 2017 Asia – Singapore Slider 3

BNY Mellon’s Eric Chng pitches a curveball question for our panelists. < PREVIOUS 4 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


Temasek Bets on Calysta, Methane as its Feedstock

Menlo Park, California-based Calysta, Inc. raised US$ 40 million in a Series D round. The investment round was led by Tokyo-based Mitsui & Co. Ltd. Another major institutional investor in the round was Temasek Holdings. Current investors such as Cargill, the Municipal Employee Retirement System (MERS) of Michigan, Walden Riverwood Ventures, Aqua-Spark and Pangaea Ventures, […]


SWFI First Read, April 30, 2017

LIA Turns its Legal Sights on Société Générale via Derivative Trades The Libyan Investment Authority (LIA) is going after its next target, Société Générale S.A. This is in relation to derivative trades made back in 2007 and 2009, a similar pursuit made by LIA to Goldman Sachs. The case is being taken up in London’s […]


SWFI First Read, April 25, 2017

Ex-BlackRock Joseph Linhares to Head EMEA at Russell Investments Joseph Linhares was named Head of Europe, Middle East and Africa (EMEA) at Russell Investments. He will report to Len Brennan, CEO of Russell Investments. Previously, Linhares was Global Head of Platinum Accounts at BlackRock Inc. Linhares was an early employee of iShares, which was owned […]


Manulife Wants a Big Presence in Singapore, Buys PwC Building

Manulife Financial Corporation (Manulife) is keen on expanding its financial footprint in Southeast Asia. In its first property deal in Singapore, Manulife Real Estate acquired 8 Cross Street (known as the PwC Building), a 28-storey, 355,000 square foot, Class A office tower, for the price of US$ 526 million from DBS Group Holdings. [ Content […]


SWFI – Movers and Shakers – April 11, 2017

INTERNAL: New Co-Heads of Global Capital Markets at BlackRock Asset manager giant BlackRock moved Ed Cook and Ben Spielman to be co-heads of global capital markets. Ed Cook is based in London, while Spielman is based in the United States. Ed Cook is Managing Director, Head of EMEA Capital Markets at BlackRock. Spielman has experience […]


SWFI First Read, April 7, 2017

Darryl Murphy Named Head of Infrastructure Debt at Aviva Investors Aviva Investors hired Darryl Murphy as head of infrastructure debt on the alternative income solutions team. He will oversee a team of 20 infrastructure debt professionals. Previously, Murphy was a Partner at KPMG working in the U.K. corporate finance unit focusing on the power and […]


Intiland and GIC JV to Further Expand South Quarter Development

PT Intiland Development Tbk (Intiland), an Indonesian property developer, and Singapore’s GIC Private Limited established a 60:40 joint venture. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]