Alternatives

SWFI First Read, September 25, 2017

Hellman & Friedman Pole for Nets A/S with GIC Help Private equity firm Hellman & Friedman LLC is nearing a deal, partnering with GIC Private Limited, to acquire Copenhagen-based Nets A/S, the biggest payment processor in the Nordic region, in a 31.1 billion DKK buyout. Some of Nets largest shareholders are private equity firms Bain […]


private equity

Temasek Holdings Invests in Taiwan Electric Scooter Company Gogoro

A Taiwanese electric scooter manufacturer called Gogoro Inc. raised US$ 300 million from a group of investors including Singapore’s Temasek Holdings, Engie SA, Sumitomo Corporation and Generation Investment Management (an investment management firm co-founded by former U.S. Vice President Al Gore). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


sovereign wealth india

Temasek Buys True North Stake in Manipal Health

Singapore’s Temasek Holdings moved to purchase a Rs 1,000 crore stake in Bengaluru-based Manipal Health Enterprises Private Limited, a private healthcare network. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China Life Co-Leads Series A Round in Shanghai United Imaging Healthcare

Shanghai United Imaging Healthcare, a Chinese maker of medical imaging equipment, has raised around $500 million in Series A funding. SDIC Fund Management Co., Ltd, a unit owned by State Development & Investment Corporation (SDIC), and China Life Insurance Company Limited led the Series A round. Other investors in the round include Capital Venture Investment […]


David Blumer to be Sole Head of Alternative Investors at BlackRock, Other Moves

As BlackRock gets bigger in size (in terms of assets under management), the firm has made some recent shifts in management duties.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


texas

Trey Parker Promoted to Co-CIO at Highland Capital Management

Dallas-based Highland Capital Management L.P promoted Trey Parker to co-chief investment officer to share duties with Mark Okada, the firm’s founder and CIO. This is a new position. Before this promotion, Parker was Head of the Credit Research platform at Highland Capital Management. Parker will continue to manage the products he is overseeing. Parker joined […]


Wealth Funds Become Bigger Backers in Tech – Report

Sovereign wealth funds continue to hunt for investments in the technology sector. Saudi Arabia’s Public Investment Fund (PIF) invested in a major multi-billionaire commitment to Uber Technologies, while the Singaporean wealth funds target niche opportunities in technology, agricultural science, pharmaceuticals and other areas. BCG issued a short paper titled, “Sovereign Wealth’s Hunt for the Next […]


SWFI First Read, September 12, 2017

Vertex Ventures Invests in Axonius Vertex Ventures, the venture unit of Temasek Holdings, invested in a US$ 4 million seed round in Axonius, an Israel-based cybersecurity startup. Leading the investment round was YL Ventures (led by Yoav Leitersdorf) and Emerge Capital. Bridgewater Appears to Be Gearing Up for China [ Content protected for Sovereign Wealth […]


SWFI First Read, September 7, 2017

OTPP Posts 3.7% 1H 2017 Return Ontario Teachers’ Pension Plan (OTPP) generated a 3.7% return on its investments in the first half of 2017. Net assets for OTPP reached C$ 180.5 billion. RDIF and TH Group to Allocate Capital into Russian Agriculture On September 6, 2017, the Russian Direct Investment Fund (RDIF) and Vietnam’s largest […]


SWFI First Read, September 1, 2017

Australia’s Future Fund Reaches Over $100 Billion in Assets Australia’s Future Fund posted an 8.7% annual return for its latest fiscal year ended June 30, 2017. David Neal, Future Fund’s CEO commented in a release, “Looking at the investment environment, markets have been buoyant over the last year on the back of an improvement in […]


SWFI First Read, August 30, 2017

Robeco Stacks Martin Nijkamp as Strategic Hire Martin Nijkamp was hired on as Head of Strategic Product and Business Development at Robeco. Nijkamp is being tasked to enhance the asset manager’s product range. Nijkamp was last Head of Strategic Business Development and Integrated Client Solutions at NN Investment Partners. Hester Borrie ended up taking the […]


China Life and Baidu Form PE Tech Fund

China Life Insurance Group Company (China Life) is forming a private equity fund with search giant Baidu Inc. The fund is being called the Baidu Fund Partnership and will have initial capital of 7 billion RMB (US$ 1 billion). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


SWFI First Read, August 26, 2017

Former French PM Fillon Joins Tikehau Capital Tikehau Capital hired former French Prime Minister Francois Fillon as partner. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Temasek Gets Exposure to Chinese Property Platform Julive

Singapore’s Temasek Holdings, through its venture unit called Vertex Venture Holdings Ltd., participated in a Series B round in China-based Julive, a property real estate agency. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, August 24, 2017

Tom Meyers Leaves LGIM America for Aviva Investors Aviva Investors, the asset management unit of Aviva Plc, hired Tom Meyers as executive director and head of Americas client solutions. This move is effective September 12, 2017. Tom Meyers will be based out of Chicago and report to Mike Craston, CEO of Aviva Investors Americas, and […]


CDPQ to Acquire Minority Stake in Sebia

Caisse de dépôt et placement du Québec (CDPQ) acquired a minority stake in Sebia SA from private equity firms Astorg Asset Management and Montagu Private Equity. Sebia is a global multi-specialty in-vitro diagnostics company focusing on oncology, genetic haemoglobin and metabolic disorders; the company is headquartered in Lisses, France.[ Content protected for Sovereign Wealth Fund […]


Subs and Streaming, Temasek Invests in PCCW Media

Sovereign funds, like other venture capital funds, are placing bets on Asian media subscription companies. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Could Norway’s Sovereign Wealth Fund Become a Major Private Equity Investor?

Norway’s Ministry of Finance has convened a panel of experts to see if Norway’s Government Pension Fund Global (GPFG) should invest in unlisted companies. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


private equity

Sovereign Wealth Fund Invested in Potential iPhone Killer

Countless sovereign funds and pensions have both direct and indirect exposure to Apple Inc. stock. Palo Alto-based Essential Products Inc. was formed on November 9, 2015 by Andy Rubin, the founder of Android, a mobile phone operating system. Google had acquired Android Inc. in 2005. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers […]


With KKR’s Internet Brands Buying WebMD, Temasek Gets Exposure

In late July, KKR & Co. moved to buyout WebMD for US$ 66.50 per share in an all-cash tender offer, giving the company a value of US$ 2.8 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]