Top Ten Sovereign Wealth Fund Deals of 2023
Posted on 12/26/2023
This list is downloaded from the (Sovereign Wealth Fund Institute) SWFI.com transaction database. The list excludes separate accounts, open market transactions, governmental transfers, and fund commitments.
Top 10 Largest Sovereign Wealth Fund Deals of 2023
| Rank | NAME | SWF BUYER ENTITY | BUYER REGION | SELLER ENTITY | SELLER REGION | AMOUNT (USD) | CLOSED AT |
|---|---|---|---|---|---|---|---|
| 1 | JSR Corporation | Japan Investment Corporation | Asia | $6,300,000,000 | 6/26/2023 | ||
| 2 | Scopely, Inc. | Public Investment Fund | Middle East | $4,900,000,000 | 7/12/2023 | ||
| 3 | Saudi Iron & Steel Company | Public Investment Fund | Middle East | Saudi Basic Industries Corporation Limited | Middle East | $3,330,000,000 | 9/3/2023 |
| 4 | Fortress Investment Group | Mubadala Investment Company | Middle East | SoftBank Group Corporation | Asia | $3,000,000,000 | 5/22/2023 |
| 5 | Vale Base Metals Limited | Public Investment Fund | Middle East | $2,600,000,000 | 7/27/2023 | ||
| 6 | Univar Solutions Inc. | Abu Dhabi Investment Authority | Middle East | $2,000,000,000 | 3/14/2023 | ||
| 7 | Manipal Health Enterprises Private Limited | Temasek Holdings | Asia | $2,000,000,000 | 4/10/2023 | ||
| 8 | Lucid Group, Inc. | Public Investment Fund | Middle East | $1,800,000,000 | 5/31/2023 | ||
| 9 | UAE-Oman Rail Network | Mubadala Investment Company | Middle East | $1,500,000,000 | 2/21/2023 | ||
| 10 | Works Human Intelligence Co., Ltd. | GIC Private Limited | Asia | $1,300,000,000 | 6/30/2023 | ||
| 11 | Circle Health Group | Abu Dhabi Developmental Holding Company | Middle East | Centene Corporation | North America | $1,200,000,000 | 8/28/2023 |
| 12 | Dechra Pharmaceuticals PLC | Abu Dhabi Investment Authority | Middle East | $1,114,669,738 | 5/31/2023 | ||
| 13 | Reliance Retail Ventures Limited | Qatar Investment Authority | Middle East | $1,100,000,000 | 8/23/2023 | ||
| 14 | EDP Renewables | GIC Private Limited | Asia | $1,063,770,000 | 3/2/2023 |
Source: SWFI.com. Some numbers are estimates. The PGA deal was excluded as it has not closed.
Deals ranked above 10 are notable mentions.
