Sovereign Wealth Funds

The sovereign wealth fund’s remarkable distributions in the last year have not deterred it from plans to shrink its allocation to private markets, however.

The $1.15trn sovereign wealth fund is also centralising data using AI across its private equity portfolio amid persistent geopolitical instability, said operating partner Jose De Ochoa at a PEI conference.

A more deliberate collaboration between state and private capital is required if private equity is to fulfil its role in building a better society, writes Gareth Davies, UK shadow minister for business and trade.

Maharlika Investment Corporation is seeking managers ‘who understand how the Philippines operates’, CIO Kheed Ng tells PEI.

CEO Raphael Arndt says the Australian sovereign wealth fund would ‘make changes where it is prudent to do so’ as it manages costs.

Head of fund investments Yuka Hata is seeking to revolutionise the country's nascent venture capital market.

The region's $5.4trn of sovereign wealth fund capital has been turning inwards in recent years.

David Bluff and Tammi Fisher, joint managing directors for private equity and real assets, add to a string of senior leadership resignations at Australia's sovereign wealth fund.

Investment staff recommend reducing the SWF's allocation to the asset class by 1% annually over a three-year period, CIO Marcus Frampton said at a board meeting.