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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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GCC SWFs Continue to Gear up to Invest More in Private Markets:

7th October, 2021

Gulf sovereign wealth funds are preparing to pour billions more capital into private markets with new hires and restructuring.

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Saudi's PIF Set to Score Newcastle Deal in Extra Time

6th October, 2021

Saudi Arabia’s Public Investment Fund (PIF) is set to turn Newcastle United into one of the world’s most valuable football clubs if its planned GBP300 million takeover of the English Premiership side finally gets approval.

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Despite Robust Performance, NPS's Alternatives Targets Won't Be Easy

6th September, 2021

Korea’s National Pension Service is smashing benchmarks with solid returns, but is set to face a challenge in its efforts to hike allocations to alternatives from 10% to 15% by 2025.

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Fund of the Month (Sept'21): Alaska PFC

1st September, 2021

On August 3, Alaska PFC reported its best annual performance ever, with a 29.7% return, and an all-time peak AuM of US$ 81.1 billion. A month before that, it had unveiled its strategy up to June 2025, when it expects private markets to rise to 40% of its portfolio. We had the immense pleasure of talking with Ms. Angela Rodell, who on October 1 will stand as the world’s only female CEO of a SWF.

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Stocks and Bonds Boost Annual Returns, But Private Markets Drive Long-Term Growth

27th August, 2021

Recent annual returns by state-owned investors have demonstrated that the rally in public equities has boosted portfolios, but long-term returns suggest private markets generate stronger yield.

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Alaska PFC returns c.30% in FY21, private markets to reach 40%

9th August, 2021

Last week, United States’ largest Sovereign Wealth Fund, the Alaska Permanent Fund Corporation (APFC) released its results for the year ending on June 30, 2021 (FY21) and gave a clue on its strategy to FY25.

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CalPERS Return Narrowly Misses Benchmark, Fails to Fill CIO and Faces LT Funding Concerns

16th July, 2021

The US$473 billion pension fund CalPERS earned a net return of 21.3% in the latest fiscal year ending June 30, narrowly missing its benchmark return by 40 basis points.

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Morrisons Bid Indicates CPP's Commitment to UK Retail

7th July, 2021

The pandemic has not deterred Canada’s CPP Investments from joining the multi-billion pound bidding war for British supermarket chain Morrisons, as retail revives and investors look to growth in both real estate values and online grocery sales.

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Could Private Equity Deal by Mubadala and Bpifrance be a Sign of Things to Come for Africa?

1st July, 2021

Sub-Saharan Africa is the final frontier for state-owned investors (SOIs), offering potential large rewards – but also significant challenges. For patient investors capable of honing in on good deals, the region offers significant long-term returns that could generate big yields.

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CPP and AIMCo Back North America 5G Drive with US$2 Billion Investment

28th June, 2021

Two Canadian public pension funds, CPP Investments and AIMCo, have committed nearly US$2 billion of capital to an Australia-based wireless and broadcast networks provider, BAI Communications, which they have co-owned since 2009.

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ADIA and GIC: An Evolving Relationship

9th June, 2021

Co-investments by state-owned investors are common, but Abu Dhabi’s ADIA and Singapore’s GIC seem to enjoy something of a special relationship.

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