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Mubadala buys stake in Silver Lake, to invest $2 bn in 25-year strategy plan

Finance

30 September, 2020

Mubadala buys stake in Silver Lake, to invest $2 bn in 25-year strategy plan

Abu Dhabi sovereign wealth fund Mubadala Investment Co is investing $2 billion in a 25-year strategy plan led by U.S. ......

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Kuwait's sovereign fund bets on ChrysCap-backed drugmaker

Healthcare

29 September, 2020

Kuwait's sovereign fund bets on ChrysCap-backed drugmaker

Kuwait Investment Authority has purchased stock in a pharmaceuticals company where homeomegrown private equity firm ChrysCapital...

Russian wealth fund to sell 100 mn doses of COVID-19 vaccine to Dr Reddy's

Healthcare

16 September, 2020

Russian wealth fund to sell 100 mn doses of COVID-19 vaccine to Dr Reddy's

Russia's sovereign wealth fund has agreed to supply 100 million doses of its coronavirus vaccine, Sputnik-V, to Indian drug...

Retail investors help Route Mobile sail through its IPO on day one

TMT

09 September, 2020

Retail investors help Route Mobile sail through its IPO on day one

Route Mobile Ltd, a messaging and voice application programming interface company, has raised Rs 180 crore ($24.4 million) from...

GIC, Avendus fund among anchor investors in Happiest Minds IPO

TMT

05 September, 2020

GIC, Avendus fund among anchor investors in Happiest Minds IPO

Software services company Happiest Minds Technologies Ltd raised Rs 315.9 crore ($43.13 million) from a bunch of anchor investors...

Norway wealth fund drops Page Industries over human rights violation risk

Consumer

31 August, 2020

Norway wealth fund drops Page Industries over human rights violation risk

Norway's $1 trillion wealth fund said it had excluded Taiwan's Formosa Chemicals and Fibre , Formosa Taffeta and India's...

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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

GIC flags lower returns from weak growth, cautious on markets

Finance

28 July, 2020

GIC flags lower returns from weak growth, cautious on markets

The long-term returns of Singapore sovereign wealth fund GIC have dropped within a whisker of a record low struck during ......

Largest sovereign funds suffer $67 bn paper loss from stock market rout

Finance

20 April, 2020

Largest sovereign funds suffer $67 bn paper loss from stock market rout

The world's largest sovereign wealth funds have made around $67 billion in losses so far this year as the fallout ......

Norway's wealth fund lost $114 bn in Q1 as stocks crash

Finance

02 April, 2020

Norway's wealth fund lost $114 bn in Q1 as stocks crash

Norway's $930 billion sovereign wealth fund, the world's largest, lost 1.17 trillion Norwegian crowns ($114 billion) in...

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