GCC wealth funds set to expand global presence on growing liquidity buffers
Continued foreign currency generation will allow GCC-based sovereign wealth funds to extend their foray into global markets in the coming…
Sovereign wealth
887 articles found
Saudi wealth fund takes $15.6bn hit from SoftBank and tech
Saudi Arabia’s sovereign wealth fund reported a $15.6bn comprehensive loss for 2022 after the value of its investments in SoftBank…
How GCC wealth funds are fuelling growth and prosperity
The region’s sovereign investors are broadening their investments in various sectors including healthcare, technology, private equity and hedge funds as…
Abu Dhabi's ADQ acquires minority stake in Canadian investor
Sovereign-wealth investor Abu Dhabi Development Holding Co., (ADQ), and Canada's Bank of Montreal (BMO) have agreed to acquire minority equity…
Saudi's PIF, UAE's ADQ among funds with highest sustainability rankings in 2023
Saudi Arabia’s Public Investment Fund and UAE’s ADQ have reported the highest improvement in the Global Sovereign Wealth Fund’s governance,…
Saudi Arabia's sovereign wealth fund reveals its VC portfolio
The Saudi Arabia sovereign wealth fund's venture arm revealed on its website its portfolio of venture capital and private equity…
Kuwait Sovereign Wealth Fund Reduces Stake in Mercedes-Benz
Mercedes-Benz Group AG said Wednesday that the Kuwait Investment Authority has reduced its stake in the company by selling about…
Saudi Wealth Fund Starts New Airline Headed by Former Etihad CEO
Saudi Arabia’s wealth fund has named former Etihad Aviation Group boss Tony Douglas chief executive officer of a new national…
UAE’s Mubadala, Stone Point to acquire 20% in US broker Truist Insurance for $1.95bln
Abu Dhabi sovereign wealth fund Mubadala Investment Company and private equity firm Stone Point Capital are acquiring a stake in…
General Atlantic joins push for Middle East sovereign wealth
Some of the private equity industry’s biggest names are expanding in the Middle East to develop closer ties with the…
Investment Corporation of Dubai joins forum of sovereign wealth funds
Investment Corporation of Dubai, the investment arm of the Government of Dubai, has become a full member of the International…
Middle East M&A activity surges as wealth funds use deals to build local champions
Middle Eastern sovereign wealth funds are using merger and acquisitions (M&A) to scale into new verticals and build local champions,…