Global SWF’s first-half report revealed very strong deal-making activity by state investors, along with shifting investment habits and a rising interest in in-house start-ups.
Alternatives news roundup: Warburg Pincus to help form China distressed house; Record Asia PE propels M&A
An Australian consortium buys 49% of Asia's largest mobile tower network; another Aussie consortium bids for Sydney Airport; Japan's Chikyoren hires two firms for overseas private debt and local real estate; NPS of Korea acquires Melbourn office tower; Singapore's Temasek leads $30m funding round for green cement maker Fortera; and more.
Interest in non-fungible tokens has fallen nearly as quickly as it rose, but its underlying technologies still hold potential for institutional investors, experts say.
The two investors' new JV underlines Temasek's commitment to carbon neutrality, but other sovereign wealth funds are unlikely to follow with their own venture capital investments.
The Korean sovereign wealth fund is joining hands with Hyundai Heavy Industries to better sniff out and assess new technology investments in the US.
Schroders aims to more than double its QFLP quota to help satisfy demand from Western institutional clients for access to domestic China growth and venture strategies.