Connect with us

HKMA Hedges Against QE, Invests in Mayfair Development

Published

on

Hedging against high-priced Hong Kong real estate and continued quantitative easing policies by Western monetary authorities, large Asian investors are plowing capital into London real estate. In July 2013, Ping An Insurance Co Of China Ltd acquired the Lloyd’s Building for £260 million while Hong Kong-based Knight Dragon recently agreed to buy the remaining 40% in a project on the Greenwich Peninsula from Quinlan Estates & Development Plc. Knight Dragon is an investment vehicle owned by Dr. Henry Cheng Kar-Shun. Singapore’s GIC Private Limited, China Investment Corporation, Korea’s National Pension Service, Korea Investment Corporation and China’s SAFE Investment Company have acquired real estate in London.

The Hong Kong Monetary Authority (HKMA) entered into a 50:50 joint venture with Great Portland Estates, a London-based real estate investment trust. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

HKMA and TRS Participates in Investment in Kakao Mobility

Published

on

Private equity firm TPG led a group of investors to acquire a minority ownership stake in Kakao Mobility Corporation, a South Korean taxi hailing service provider. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Meraas Holding Names Former KIO Executive as CEO

Published

on

Osama Al-Ayoub, the former CEO and President of the Kuwait Investment Office (KIO), was hired by property firm Meraas Holding to be its chief executive officer. KIO is a London-based unit of the Kuwait Investment Authority (KIA). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Mumtalakat Contemplates Investing in SoftBank Vision Fund

Published

on

Bahrain-based Mumtalakat Holdings is interested in joining a chorus of sovereign funds committing capital to Japan-based SoftBank Group’s Vision Fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.