Sovereign Wealth Funds

Saudi information security firm Elm to acquire Tabadul

Saudi information security firm Elm to acquire Tabadul

Published 09/08/2020

DUBAI (Reuters) - Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a [more…]

Russia to deliver COVID-19 drug to South Africa, Latam countries: wealth fund

Russia to deliver COVID-19 drug to South Africa, Latam countries: wealth fund

Published 03/08/2020

MOSCOW (Reuters) - Russia has signed deals to supply South Africa and seven Latin American countries with an anti-viral drug Russian authorities have approved to [more…]

Motor racing: McLaren’s Formula One future was never a doubt, says Seidl

Motor racing: McLaren’s Formula One future was never a doubt, says Seidl

Published 30/06/2020

LONDON (Reuters) - McLaren’s Formula One future was never in doubt despite a cash crisis brought on by the COVID-19 pandemic and now resolved by [more…]

Rainy day hastens sovereign wealth funds’ refocus to home

Rainy day hastens sovereign wealth funds’ refocus to home

Published 25/06/2020

LONDON (Reuters) - Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are [more…]

J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout

J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout

Published 04/05/2020

(Reuters) - J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list [more…]

UAE agriculture tech start-up secures $120 million investment commitment

UAE agriculture tech start-up secures $120 million investment commitment

Published 06/04/2020

DUBAI (Reuters) - United Arab Emirates agriculture technology start-up Pure Harvest Smart Farms has raised $20.6 million in fresh funding and secured commitments for a [more…]

Exclusive: Silver Lake to seek more than $16 billion for buyout fund – sources

Exclusive: Silver Lake to seek more than $16 billion for buyout fund – sources

Published 05/04/2020

(Reuters) - Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving [more…]

Sovereign wealth fund appetite for investing in start-ups wanes

Sovereign wealth fund appetite for investing in start-ups wanes

Published 07/03/2020

LONDON (Reuters) - Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening [more…]

Eight men in frame to run Norway wealth fund, including deputy CEO

Eight men in frame to run Norway wealth fund, including deputy CEO

Published 25/02/2020

OSLO (Reuters) - Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to [more…]

Irish housing crisis derails Varadkar’s re-election bid

Irish housing crisis derails Varadkar’s re-election bid

Published 03/02/2020

DUBLIN (Reuters) - Nine years after a devastating crash in property prices catapulted the party of Irish Prime Minister Leo Varadkar to power, a housing [more…]