Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
Qatar, China's CITIC plan $10 billion joint investment fund
trueQatar's sovereign wealth fund, which controls more than $100 billion of assets, plans to set up a $10 billion investment venture with China's CITIC Group as it seeks to diversify from retail and property assets in Europe.
New Mexico State Investment Council commits to Blackstone energy fund
trueNew Mexico State Investment Council committed up to $75 million to Blackstone Energy Partners II, an energy fund managed by Blackstone Group.
Norway's Government Pension Fund Global reports flat returns for Q3
trueExposure to European equities hindered returns at Norway's Government Pension Fund Global for the quarter ended Sept. 30, while U.S. stocks emerged as the top performer.
Pyramis: U.S. investors have different take on alternatives than Europe, Asia
trueU.S. institutional investors' views on investing in alternatives has diverged from their investing brethren in Europe and Asia, said a new survey by Pyramis Global Advisors.
China Investment Corp. chief tapped as chairman of investment bank CICC
trueDing Xuedong, the chairman and CEO of sovereign wealth fund China Investment Corporation, was appointed chairman of Beijing-based investment bank China International Capital Corporation Limited and a member of the company's board of directors, a CICC news release Thursday said.
Goldman bankers threatened by LIA executive in 'tirade'
trueA Libyan Investment Authority executive threatened two Goldman Sachs Group bankers at a 2008 meeting in Tripoli, telling them the lender had “screwed” the sovereign wealth fund, according to the LIA's evidence at a London court hearing Monday.
Alaska Permanent commits $252 million to 9 managers
trueAlaska Permanent Fund Corp. committed a total of about $252 million to nine private equity managers.
New Mexico adopts asset allocation with 5% to in-state venture capital
trueNew Mexico State Investment Council approved a new asset allocation for its $4.5 billion Severance Tax Permanent Fund.
Alaska Permanent makes $250 million infrastructure commitment
trueAlaska Permanent Fund Corp., Juneau, committed $250 million to Morgan Stanley Infrastructure II, said agenda materials prepared for the Sept. 25-26 board meeting.
Norway's Government Pension Fund Global to shift from standard indexing
trueNorway's $880 billion Government Pension Fund Global, Oslo, the world's largest sovereign wealth fund, said traditional global indexes are no longer an appropriate model on which to base its investments.
Silver Lake gains $4.5 billion on Alibaba IPO
truePrivate equity firms Silver Lake Partners, Asia Alternative Management and Siguler Guff, as well as Singapore sovereign wealth fund Temasek Holdings, have reaped billions of dollars in paper gains after Chinese e-commerce firm Alibaba Group Holding Ltd. went public Friday.
Texas Permanent assigns $900 million to emerging markets equity
trueTexas State Board of Education approved the hire of two managers to run a total of $900 million in emerging markets equity for the $30.2 billion Texas Permanent School Fund.
ADIA hires global head of external equities
trueBrian Tipple was named global head of external equities at Abu Dhabi Investment Authority.
Australia's Future Fund picks new CIO
trueRaphael Arndt was named chief investment officer of Australia’s A$101 billion (US $93.7 billion) Future Fund.
Sovereign wealth funds move outside for specialist investments
trueGrowing allocations to alternatives and multiasset strategies have left the sovereign wealth funds and national pension plans that dominate Asia's institutional investor landscape relying more on external money managers to manage their portfolios.