How Abu Dhabi’s flagship sovereign wealth fund is increasingly making direct private equity investments – with Asia a key focus – in what is a key trend among big asset owners.
With oil-producing countries hit hard by the crude price crash, their state institutions will have to dump liquid assets and, by default, raise private market allocations, say industry experts.
“We are almost at the point where every company is a tech company.” The sovereign wealth fund's co-heads of technology investment outline their holistic approach to the sector.
State investors are increasingly fronting up debt, as well as equity, for the private deals they are doing. This is raising questions, especially with a downturn widely forecast.
New research shows that sovereign wealth funds are investing more collaboratively and more into unlisted markets than ever, notably into healthcare and technology assets.
The Malaysian sovereign wealth fund has closed its London office and is reducing its Turkish presence – yet it is keen to increase its foreign exposure as part of a portfolio overhaul.