Connect with us

SWFI First Read, May 12, 2017

Published

on

Temasek Participates in Another Investment Round in Virtual Reality Startup

Japan-based SoftBank Group Corporation is leading a group of investors to invest in London-based Improbable Worlds Limited, a virtual reality startup. It is a US$ 502 million investment. Returning investors include Temasek Holdings, Andreessen Horowitz and Hong Kong-based Horizon Ventures. These returning investors participated in a US$ 22 million investment round back in March 2015.

BNY Mellon Promotes Chandresh Iyer to CEO of Alternative Investment Services

Chandresh Iyer was promoted to become CEO of BNY Mellon’s alternative investment services and structured products, effective May 23, 2017. Iyer was Managing Director and Global Head of BNY Mellon middle office solutions. Before coming to BNY Mellon, he worked in Citi’s Investor Services business.

Iyer replaced Frank La Salla who moved on to be CEO of BNY Mellon’s corporate trust business.

Norway’s GPFG Could Nix the Use of Tax-Advantaged Domiciles for Unlisted Property Holdings

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

GIC and ADIA Financial Power Greenko Again with $550 Million

Published

on

Singapore’s GIC Private Limited and the Abu Dhabi Investment Authority (ADIA) are already investors in Hyderabad-based Greenko Energy Holdings Pvt. Ltd, a renewable energy firm in India. Greenko Energy raised US$ 550 million from GIC and ADIA.

GIC holds a majority 60% stake in Greenko. ADIA has about a 15% stake in Greenko. The Greenko founders hold around a 25% stake in the company.

By 2021, Greenko is working on installing three new projects in Andhra Pradesh, Karnataka, and Maharashtra.

Continue Reading

Indian Hotel Company OYO and PIF Sign MoU

Published

on

Saudi Arabia’s Public Investment Fund (PIF) and OYO signed a Memorandum of Understanding (MoU) to explore co-investment and cooperation opportunities between the two parties, in line with PIF’s mandate to diversify Saudi Arabia’s economy through the localization of skills, creation of jobs and development of new sectors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

GIC and Mitsubishi Pole for GMA Airport Minority Stake

Published

on

Singapore’s GIC Private Limited and Japan-based Mitsubishi Corporation are in discussions with GMA Infra to acquire a minority ownership stake in its airport holding company. The parent company GMR Infra currently owns 91.95% of GMR Airport.[ 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.