Wed, May 25, 2022
A A A
Welcome mteam
RSS
Sovereign Wealth Funds Briefing 13.May 2010

Posted on 13 May 2010 by VRS |  Email |Print

From Propertyweek.com: Norges Bank Investment Manager (NBIM), which is responsible for Norway’s sovereign wealth fund, has hired Karsten Kallevig to head its real estate team.
Kallevig will join NBIM on 1 September to initiate the Norwegian Government Pension Fund Global’s £15bn property spending programme. He has headed Grove International Partners’ Japanese office since 2006……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Financialstandard.com.au: Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, has expanded operations to Singapore to get closer to the region it invests 10 per cent of its funds.
The Singapore office will focus on investment and trading activity in the region and work closely with the firm’s office in Shanghai that opened three years ago……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Reuters: Qatari Diar, the property arm of Qatar’s sovereign wealth fund, is planning a benchmark bond issue, people familiar with the matter said Wednesday, in what would be the first corporate issue from the Gulf state this year.
Two sources, who declined to be identified, did not elaborate which subsidiary was planning the issue, but said it would be benchmark-sized, typically over $500 million. One source said the issue could be during the second quarter……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Zawya.com: Shoppers can’t resist fancy brand names. The same is true for sovereign wealth funds. The acquisition of Harrods, the London department store, by a subsidiary of Qatar’s sovereign wealth fund is just the latest in a string of prestigious SWF-backed investments, which include carmakers Aston Martin and Volkswagen, and a host of investment banks.
But everything that glitters is not gold - as many high-profile sports, media and technology deals will attest……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Zawya.com: Preqin’s latest report, the 2010 Preqin Sovereign Wealth Fund Review, reveals that the aggregate total assets of all sovereign wealth funds (SWFs) has continued to increase over the past year. The recovery in global equities markets helped certain SWFs regain ground lost as a result of the economic downturn.
However, some funds have been used by national governments to cover budget deficits and support financial institutions……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Mineweb.co.za: Qatar Holding, the investment arm of Qatar’s sovereign wealth fund, has set up a $1 billion Indonesian fund to invest in infrastructure and natural resources in Southeast Asia’s biggest economy, officials said.
The new investment fund is a sign of increasing interest in Indonesia among Middle East and other international investors thanks to the country’s abundant resources and desperate need for financing for infrastructure projects ranging from power plants to roads, railways, and bridges……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Dow Jones: Final bids for Istithmar’s port and shipping agent, Inchcape Shipping Services, are due May 28 and offers could reach as much as $800 million amid an aggressive auction, people familiar with the situation told Dow Jones Newswires Wednesday. Istithmar is part of Dubai’s sovereign wealth fund.
The five shortlisted bidders are Cinven Group Ltd., CVC Capital Partners Ltd., Carlyle Group LP., General Atlantic LLC., and Canadian pension fund Omers, or the Ontario Municipal Employees Retirement System, and all five are likely to submit final bids, the people said……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Dow Jones: China Construction Bank Corp., China’s second-largest lender by assets, said Wednesday its executive vice president, Fan Yifei, has resigned, but didn’t provide a reason for his departure or say when Fan’s resignation takes effect.
A person familiar with the situation told Dow Jones Newswires last month that Fan Yifei has been named an executive vice president of China Investment Corp., the country’s US$300 billion sovereign-wealth fund……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Bloomberg: Temasek Holdings Pte’s $500 million investment in Chesapeake Energy Corp. caps more than $1.2 billion the Singapore state-owned company has spent on energy and resources from the U.S. to India in the past six months.
Temasek bought $500 million of convertible preferred shares of Oklahoma City-based Chesapeake, while Hopu Investment Management Co., a private-equity fund backed by the investment firm, purchased an additional $100 million on similar terms, Temasek said an e-mailed statement yesterday……………………………………….Full Article: Source

Posted on 13 May 2010 by VRS |  Email |Print

From Bloomberg: Government of Singapore Investment Corp. bought a 6.58 percent stake in Fortis Healthcare Ltd., the Straits Times reported, citing the Indian company.
Fortis, which bought a stake in Singapore-based Parkway Holdings Ltd., plans to raise about $85 million by selling 22.35 million shares to GIC Special Investments, GIC’s private equity and infrastructure investment unit, via a preferential allotment, the newspaper said……………………………………….Full Article: Source

See more articles in the archive

banner
May 2022
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031