Connect with us

SWFI First Read, November 10, 2015

Published

on

Kuwait Investment Authority to Commit US$ 500 Million to Russian Projects

The Kuwait Investment Authority (KIA) has committed an additional US$ 500 million to investment projects in Russia in partnership with the Russian Direct Investment Fund (RDIF). The deal was inked in Sochi in front of Russian President Vladimir Putin and Kuwait Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. KIA committed capital to Russia through the RDIF back in 2012.

BlackRock Selects Ex-JP Morgan Family Office Professional

BlackRock hired Loomis Tighe, a former managing director at JP Morgan Chase & Co. Tighe will be based in San Francisco and report to Brian Feurtado, BlackRock’s head of U.S. and Canada family office, foundations and endowment. Tighe will manage a team that works with family offices, foundations and endowments in the Western United States and Canada.

Sovereign Funds Back Out of Rome Airport Operator Investment

The Abu Dhabi Investment Authority (ADIA) and SAFE Investment Company have backed out of buying a stake in Rome airport operator Aeroporti di Roma.

San Joaquin County Employees’ Retirement Association Redeems PIMCO, Moves Money to Bridgewater Associates

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

Italian ANAS and RDIF Invest and Build the Fourth Section of Moscow’s Central Ring Road

Published

on

The Russian Direct Investment Fund (RDIF) inked a deal with ANAS S.p.A. (formerly known as Azienda Nazionale Autonoma delle Strade), the Italian state highway management company, to implement a concession agreement to build and operate the fourth section of the massive Moscow Central Ring Road. The transaction expects to be finalized in the first quarter of 2019. This is the final section of Central Ring Road, which is 96.5 kilometers long. According to the RDIF, “Under the terms of the concession agreement, the cost of construction is 85.4 billion rubles, of which the concessionaire will provide 49.7 billion rubles and private investors will provide 35.7 billion rubles.”

Continue Reading

Follow the Money – Episode 48

Published

on

This long-form podcast was recorded on December 11, 2018. Michael Maduell dissects the latest geopolitical trends that can impact institutional investors such as pensions, sovereign wealth funds, and endowments. Maduell lends his opinion on the lawsuit of Neiman Marcus and bumps in the road for augmented reality.

Download the Episode

CONTENTS
1:15 Huawei, Canada, Brexit, and Macron Headache
6:30 Sovereign Wealth Fund Asset Allocation
9:58 India Gets a New Central Bank Governor
13:26 Pensions Go Bust on U.S. Retailers
17:04 Augmented Reality and Sovereign Funds
22:00 Former CalPERS CIO Goes to Morgan Stanley Investment Management
24:30 Oman Investment Fund Goes on Defense in Public Markets
25:00 Japanese Scandals and Opportunities

EPISODE 48

Stream off Follow the Money

The views in this media are expressed by Michael Maduell and other participants and are not reflective of the Sovereign Wealth Fund Institute (SWFI).

Continue Reading

Danica Pensions Sells Danica Pension Sweden

Published

on

Danica Pension sold Danske Pension Försikringsaktiebolag (publ) (also known as Danica Pension Sweden) to a group of investors for around 2.6 billion SEK. Danica Pension is part of Danske Bank A/S. Of the total amount, 2.3 billion SEK is being paid in cash, while the rest is in the form of a debt instrument from Danica Pension.

[ 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.