Welcome to the weekend, everybody. Here are this week’s top stories:
- Movin’ On Up: The Qatar Investment Authority is setting up an office in New York City ... they finally got a piece of the pie.
- America! Did you know that America has eight sovereign funds? Well, now you know. And knowing is half the battle.
- Quote of the Day: “Among the X-rated investors are some of the world’s largest sovereign wealth funds ...”
- Trading Places: CalSTRS’ Ailman reminds everybody that finance is basically a bunch of white dudes.
- The Fall Guy: Russian Finance Minister warns Russia is on a path to use up the entire Reserve Fund in just 18 months.
- Collaboration: Talks between the Omani and Spanish governments have led to an SGRF COFIDES JV focused on Spanish companies.
- Venture Capital, Eh: OMERS Ventures has played an important role in resuscitating Canadian VC.
- Sovereign Debt Funds: Malaysia’s Khazanah is stepping into the world of social impact bonds.
- Real Estate: The Abu Dhabi Investment Authority has agreed to invest $1.2 billion for a 50% share of three HK properties.
- India: Singapore’s Temasek has increased its stakes in Indian pharma companies.
Have a great weekend!