Connect with us

SWFI First Read, February 10, 2018

Published

on

CPPIB Releases 3Q Results

Canada Pension Plan Investment Board (CPPIB) ended its third quarter of fiscal 2018 on December 31, 2017, with net assets of C$ 337.1 billion, compared with C$ 328.2 billion at the end of the previous quarter.

China Life Award Mandate to GLP

China Life and Singapore-based Global Logistic Properties (GLP) formed a China value-add logistics and industrial property fund. The fund has total equity commitments of 10 billion RMB. China Life is the sole investor in the fund. GLP China will manage the fund and contribute seed assets to the venture.

GIC Part of Investor Group Making Bid for ADT Caps

CVC Capital Partners, Brookfield Asset Management and GIC Private Limited formed an investor group to make a final bid for ADT Caps, a South Korean security and alarm company. ADT Caps is owned by The Carlyle Group. The investor group lured Korean institutions to back the financing of the buyout such as KEB Hana Bank, Hana Financial Investment Co. Ltd. and Samsung Securities Co. Ltd. The sale of ADT Caps is being administered by Morgan Stanley.

Aberdeen Standard Investments Launches Global Private Markets Fund

Aberdeen Standard Investments created the Global Private Markets Fund, an open-ended fund that will invest in infrastructure, real estate, private credit and private equity. The fund’s initial investor is a Standard Life pension fund.

ATP Generates 29.5% Return in its Investment Portfolio for 2017

Denmark-based ATP generated a 29.5% on its investment portfolio in 2017. Equity risk factors accounts for 44% of the portfolio.

Emirates NBD Acquires Turkey’s Denizbank in $3.2 Billion Deal with Sberbank

Published

on

In a bid to establish itself as one of the region’s leading providers of financial services, Emirates NBD – Dubai’s largest bank – has entered into a deal to acquire a 99.99% stake in Turkey’s DenizBank A.Ş. for a bargain price of US$ 3.2 billion from Russian state-owned lender Sberbank. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Brazilian President Michel Temer Orders Liquidation of Sovereign Wealth Fund

Published

on

Brazilian President Michel Temer signed an executive order to shut down the country’s sovereign wealth fund. The money in the sovereign fund will go toward repayment of foreign debt.

The Sovereign Fund of Brazil, also known as Fundo Soberano do Brasil, was formed in 2008.

The formation of the Fundo Soberano do Brasil was authorized by then Brazilian President Luiz Inacio Lula da Silva.

Continue Reading

CDPQ Boosts Stake in Invenergy Renewables

Published

on

Caisse de dépôt et placement du Québec (CDPQ) boosted its ownership stake in Chicago-based Invenergy Renewables LLC. [ 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.