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25th November, 2022

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Biotech Boom Supported with US$5.5bn from State-Owned Investors

19th November, 2021

The pandemic has fuelled investor interest in biotech, life sciences and drug discovery with state-owned investors ploughing more than US$5.5 billion into the space so far this year, mostly in the form of venture capital for startups – an increase of 53% over the whole of 2020.

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CPP Long-Term Return Soars to New Heights as Alternatives Boosts Earnings in Q2 FY2022

12th November, 2021

CPP Investments has notched up its best long-term return in its 22-year history, following a 3.8% return in Q2 of its current financial year.

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State Investors Back Takeover of Cybersecurity Leader McAfee

10th November, 2021

A US$14 billion deal to buy out cybersecurity firm McAfee has found the backing of Canadian public pension fund CPP, Singaporean sovereign wealth fund GIC and a subsidiary of the Abu Dhabi Investment Authority (ADIA).

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ADG - the latest addition to the SWF capital of the world

8th November, 2021

Last March, Global SWF issued a special analysis on Abu Dhabi Inc., with a description of the four main SWFs operating out of the emirate today and with the first-ever estimate of ADQ’s assets under management (AuM), at US$ 110 billion. We also discussed the uncanny resemblance of the newest fund with its sister organization Mubadala, and how the new vehicle fitted in the overall macroeconomic goals.

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Mubadala’s VC Strategy Receives Liquidity Boost from GlobalFoundaries IPO

28th October, 2021

Abu Dhabi sovereign wealth fund Mubadala has received a US$2.6 billion liquidity boost following the IPO of GlobalFoundaries on the NYSE this week, giving it cash to pour into its aggressive venture capital strategy.

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Korea’s NPS Accelerates VC Investment, But is Set to Miss Alternatives Target

19th October, 2021

Korea’s National Pension Service’s (NPS) venture capital portfolio is set to break through the KRW1 trillion (US$840 million) million mark for the first time by end-2021 and up 10% over 2020.

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Abu Dhabi Inc Leads Healthcare Investment And Singapore Inc Is Not Far Behind

18th October, 2021

A preliminary agreement for collaboration between G42 Healthcare and Abu Dhabi sovereign wealth fund Mubadala is the latest development in a year that has seen a slew of capital commitments by state-owned investors in the healthcare sector.

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Temasek’s Seeks to Boost Singapore’s R&D Ecosystem, With Emphasis on Collaboration

15th October, 2021

Singaporean state-owned investor Temasek is planning to pour S$1 billion (US$740 million) per year into deep-tech innovation in Singapore, in addition to the government’s S$25 billion (US$18.5 billion) Enterprise 2025 plan for tech development, Deputy Prime Minister Heng Swee Keat announced today.

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OTPP Plans More than US$12 billion More Investments in Venture Capital

30th September, 2021

Canadian public pension fund Ontario Teachers’ Pension Plan (OTPP), with AUM of C$221.2 billion (US$173 billion), is planning to more than triple its allocation to venture capital to up to 10% by 2026. As a result, it will ramp up its investments in startups by at least US$12 billion.

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ADQ’s Ports Listing Demonstrates Growing Liquidity Drive for VC-Hunting Abu Dhabi Inc

10th September, 2021

Abu Dhabi’s ADQ sovereign wealth fund is planning to list the emirate’s ports on the local stock exchange in a bid to generate liquidity and realise the value of logistics infrastructure assets with solid earnings.

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KIC Shakes Up Top Management As It Aims At Private Markets

3rd September, 2021

Korea Investment Corporation’s (KIC) new chief executive Seoungho Jin has shaken up his top team as he looks to ramp up investment in private markets by 2027.

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