Tom Arnold
Stories by Tom Arnold
Sovereign wealth funds flock to venture capital investments
With their deep-pockets and longer investment horizons, sovereign funds have increasingly sought out startups in the hope they will yield outsized ret
Largest sovereign funds suffer $67b loss this year from stock market rout
The rout comes as oil-based funds have been reeling from a crash in prices of the commodity that generates funding in their home economies.
Sovereign wealth funds move mainstream, make fewer contrarian bets
Their growing size makes it harder for them to make contrarian bets.
Sovereign investors prefer to hike exposure to Asia, emerging markets
Only 13% of sovereigns plan to raise allocations to Europe compared to 40% for Asia and 36% to emerging markets.
India becomes an investment hub for sovereign wealth, pension funds
Sovereign wealth, pension funds contributed about two-thirds of $19 billion PE deals in India in 2018.
NBK Capital Partners said to abandon talks to buy Abraaj credit fund
Investors in the credit fund reportedly could not agree on a valuation for a potential deal with NBK Capital Partners.
Abraaj founder Naqvi, managing partner arrested on fraud charges
Naqvi was arrested in the United Kingdom last Friday, while managing partner Mustafa Abdel-Wadood was arrested at a New York hotel on Thursday.
Gulf sovereign funds diversifying into renewables but fossil fuels still the mainstay
Total sovereign wealth fund investments within the oil and gas industry have dwarfed those within renewable energy in the past decade.
Sovereign wealth funds placed record venture capital bets in 2018
Singapore's GIC and Temasek, first movers into VC among sovereign funds, accounted for 60% of deals in 2018.
Franklin Templeton, Actera said to be eyeing Abraaj’s Turkey funds
US investment group Colony Capital has agreed to buy Abraaj’s PE business in Latin America, while TPG has taken control of its $1-billion healthcare
