Investment bank Lazard Ltd. hired Peter Orszag who was once director of the Office of Management and Budget in U.S. President Barack Obama’s administration. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Abu Dhabi-based Mubadala Development Company is seeking to shore up some cash and rejig its massive portfolio of companies amid an environment of lower crude oil prices. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Singapore’s Temasek Holdings is planning to launch a dual tranche 6-year and 12-year bond offering that will be issued by Temasek Financial (I) Limited. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Malaysia’s Khazanah Nasional Berhad is hitting the road marketing a 5-year sukuk (U.S. dollar). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
The board of directors at Yahoo! Inc. made it public they formed an independent committee to begin looking at strategic alternatives for the fabled internet company. One such alternative is spinning off its core business. Yahoo announced that a new committee of directors would reach out to potentially interest parties and make recommendations on [...]
STREAMLINE: Raymond James Financial Forms Carillon Tower Advisors Raymond James Financial Inc. created a new company to oversee a number of asset managers called Carillon Tower Advisors Inc. which will be based in St. Petersburg, Florida. Carillon Tower Advisors will serve as the parent to San Diego-based ClariVest Asset Management LLC, Toronto-based Cougar Global Investments [...]
The board of Asciano Limited recommended to its shareholders to accept a A$ 9.05 billion takeover bid for the ports and rail group from the Qube consortium versus the Brookfield Infrastructure Partners Limited consortium. The board recommended Asciano to also pay Brookfield Infrastructure a A$ 88 million break fee. Asciano signed the binding transaction documentation [...]
Mongolia’s Parliament Passes Law on SWF Mongolia’s State Great Hural, the country’s unicameral parliament, passed a law on sovereign wealth funds. Slyngstad Raises Concerns About Volkswagen’s Ownership Structure In an interview published Febraruy 6, 2016 with Frankfurter Allgemeine Sonntagszeitung, Yngve Slyngstad, CEO of Norges Bank Investment Management stated, ” I don’t think the family wants [...]
The Sovereign Wealth Fund Institute (SWFI), through its proprietary database, tracks transactions by sovereign wealth funds, pensions and other public funds. Combining all public investors, for calendar year 2015, transactions amounted to US$ 212.18 billion versus US$ 186.56 billion in 2014. On record, 2013 had the most direct transactions for public investors at US$ 220.69 [...]
The countries of Oman and Iran are expanding economic ties one step at a time, restoring a historical relationship. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
NZ Super Fund Returns 6.5% Over 2015 The New Zealand Superannuation Fund (NZSF) returned 6.5% over 2015. NZSF surpassed its passive Reference Portfolio benchmark, equivalent to a market return, by 2.8% or NZ$ 766 million during the 2015 calendar year. The sovereign wealth investor also more than doubled the return on New Zealand Treasury Bills, [...]
Abu Dhabi-based Aabar Investments PJS, a subsidiary of International Petroleum Investment Company (IPIC), seeks to borrow US$ 2.5 billion from banks to refinance a 2013 loan coming due in April 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Singapore’s Temasek Holdings formed the Temasek European Advisory Panel (TEAP); a new regional panel bringing together eminent business leaders and experts to share insights and perspectives on major political, economic, social and industry trends, with a focus on Europe. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. [...]
Bank of America Corporation appointed a new co-head for investment banking in the Asia-Pacific (APAC) region. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
Malaysia’s Khazanah Nasional is looking to raise some capital. The wealth fund plans to have its roadshow take place in Dubai on January 17, 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
The Sovereign Wealth Fund Institute (SWFI), through its proprietary database, tracks transactions by sovereign wealth funds, pensions and other public funds. For the second half of 2015, Eastdil Secured participated in the most public investor transaction deals. Coming in second was JP Morgan. Tied for third was Morgan Stanley and Citigroup. View SWFI League Tables [...]
Source: Sovereign Wealth Fund Transaction Database | Extracted January 9, 2016. Sovereign wealth funds in 2015 spent slightly less on direct transactions compared to 2014, according to proprietary data from SWFI’s Sovereign Wealth Fund Transaction Database. The total direct transaction amount in 2015 by sovereign funds is US$ 114 billion compared to US$ 122 billion [...]
China Railway Construction Corporation Lands Key Contracts in Senegal and Mali China Railway Construction Corporation Ltd. recently inked a railway contract worth US$ 1.26 billion to the Senegal government. The company then signed an agreement with Mali to refurbish a rail line connecting Bamako to the Senegal border for US$ 1.486 billion. The deal in [...]
Large real estate developments like Manhattan West and vast portfolios of industrial properties dominate as some of the biggest sovereign wealth fund transactions in 2015. Despite lingering low oil prices, sovereign wealth funds’ interest in direct deals shows very little signs of abating. Wealth funds backing these monstrous deals are the China Investment Corporation (CIC), [...]
The National Bank of Greece S.A. has sold Istanbul-based Finansbank, the fifth biggest privately-owned bank by assets, deposits and loans in Turkey, to Doha-based Qatar National Bank S.A.Q. (QNB) for approximately €2.75 billion for a 99.81% stake. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
EVENT SCHEDULE
|
EXPLORE BY TOPIC
|