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China’s CIC Puts a Price on Its Retreat from US Private Equity

3rd December, 2025

China Investment Corporation’s plan to sell about US$1 billion of US private equity fund stakes is a small transaction relative to its US$1.3 trillion balance sheet – but it captures a much larger shift in how Chinese sovereign capital engages with Wall Street.

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Saudi Arabia’s PIF Shifts From Big Spending to Capital Recycling as Vision 2030 Tightens

2nd December, 2025

Saudi Arabia’s sovereign wealth fund is at the centre of two very different stories. Abroad, the Public Investment Fund (PIF) is backing the record US$55bn leveraged buyout of video-game publisher Electronic Arts (EA), reinforcing its image as a bold global investor. At home, large domestic “giga-projects” are being written down, timelines are slipping and the fund is borrowing more heavily than in the early years of Vision 2030.

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Fund of the Month: Petroleum Revenue Investment Reserve (Uganda)

1st December, 2025

In 2015, Uganda established their own sovereign fund, PRIR, to be fed with oil revenues from the national oil company. The institution has since then positioned itself to follow best practices, once the revenues flow in, expected in July of 2026. We were delighted to speak with Ms. Martha Kiiza Kalema, the Team Lead for PRIR within the Bank of Uganda, about the fund’s set up and prospects.

ADQ Steps Into the Spotlight in the Global Minerals Arms Race

27th November, 2025

Last week, Istvan Zollei of Orion Resource Partners summed up the new reality of the commodity world in one line: demand for copper, nickel, lithium, cobalt and rare earths is set to outpace supply “for much of the next decade,” driven not just by electric vehicles and renewables, but by data centres, artificial intelligence and the reshoring of industrial and defence production.

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Temasek Tightens Its Asset Management Platform Model with Pavilion-Seviora Integration

26th November, 2025

Singapore state investor Temasek is tightening the lines between its in-house investment arms, folding private equity specialist Pavilion Capital into asset manager Seviora Group in a move that underlines its push to build a larger, more coherent Asian private-markets business.

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KIA, Brookfield and the Rising AI Infra Club: Sovereign Wealth Funds Build the Stack

25th November, 2025

When Brookfield Asset Management unveiled a new US$100 billion programme to build out artificial intelligence infrastructure last week, one name in the press release signalled how far the balance of power in AI has shifted: the Kuwait Investment Authority.

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Maple 8’s AI Bet: Concentrated Risk, US$55bn+ Potential Losses in Crash Scenario

24th November, 2025

Canada’s big public funds are sitting on sizeable AI-linked positions in their US equity portfolios, which could result in losses of at least US$55 billion across the Maple 8 in the event of a dot-com-style crash – implying a direct hit on combined assets of around 2.5-3.0%, even before contagion effects are factored in.

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ADIA’s Ooredoo Selldown Highlights Changing Ties in Gulf Capital Markets

20th November, 2025

The Abu Dhabi Investment Authority (ADIA) is selling half of its 10% stake in Ooredoo, the Qatari telecoms group, in a secondary share sale that could raise up to US$572 million.

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Mubadala’s Public Equity Strategy: Chips, Credit and Crypto, Revisited

19th November, 2025

Mubadala’s latest 13F filing for Q3 2025 shows a US-listed equity portfolio that is still dominated by a single strategic holding, but with a steadily more developed supporting cast around it.

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Temasek’s Quiet High-Conviction Bet on Big Finance, Big Tech and Asian Platforms

18th November, 2025

Temasek’s US-listed equity portfolio has grown steadily more concentrated, more technology-heavy and more tied to global financial infrastructure over the past 18 months, according to its quarterly 13F filings.

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From US$56 Billion to Six Stocks: What PIF’s Brutal 13F Shrink Really Means

17th November, 2025

Saudi Arabia’s Public Investment Fund has just done something that, on paper, looks like a rapid exit from US public equities.

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SWFs are Driving the Take-Private Surge

13th November, 2025

In the past two years, public-to-private (P2P) deals have re-emerged as one of the most reliable channels for private capital deployment at a time of volatility, with sovereign wealth funds serving as anchors and cornerstone investors in consortium take-privates.

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