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Mapletree Investments Acquires Corporate Housing Property in Downtown LA

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Singapore-based Mapletree Investments acquired a 201-unit corporate housing complex at 1001 South Olive Street in an all-cash transaction for US$ 110 million. The property is located in downtown Los Angeles. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Nissan Car Honcho Carlos Ghosn Arrested in Japan over Misconduct

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Carlos Ghosn, the Chairman of Nissan, has been arrested in Japan over claims of financial misconduct, according to the automobile manufacturer. Ghosn has been accused of “significant acts of misconduct,” which includes under-reporting his pay package and personal use of corporate assets. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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ADIA Boosts External Capabilities, Hires Couvreur

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The Abu Dhabi Investment Authority (ADIA) is boosting its external investment management team in a pivot in strategy. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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Belgium AG: Gaddafi’s Billions in Belgium Disappear

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Georges Gilkinet is the attorney general of Belgium and a Green member of Belgian parliament. In late October, the attorney general revealed the status of a widespread investigation into the disappearance of billions of Euros, some € 5 billion, from the accounts of Muammar Gaddafi in Belgian banks. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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