Latest news with #SovereignWealthFund
Zawya
2 days ago
- Business
- Zawya
Turkey's wealth fund secures $600mln financing facility with KFH-led consortium
Turkey's (Türkiye) sovereign wealth fund has secured a $600 million murabaha financing agreement with a consortium of banks led by Kuwait Finance House (KFH), Kuwait's first Islamic bank. The facility has a five-year maturity, concluded on an unsecured basis, and requiring no collateral or guarantees. With this latest transaction, Türkiye Wealth Fund's (TWF) total funding raised through Islamic finance instruments has now surpassed $1.8 billion. TWF said the agreement reinforces financial cooperation between Türkiye and Kuwait and expands its funding sources in global markets. The wealth fund, with more than $240 billion in assets under management, has been securing deals with GCC lenders over recent months. In March, TWF secured €1.1 billion ($1.2 billion) in a two-year syndicated loan backed by 20 banks from 12 countries, including several UAE lenders. (Writing by Bindu Rai, editing by Brinda Darasha)
Bloomberg
14-07-2025
- Business
- Bloomberg
Temasek Eyes Bolder, Selective Bets in India as Market Matures
By , Alex Gabriel Simon, and Baiju Kalesh Save Temasek Holdings Pte is looking to place bigger bets on fewer Indian companies to boost returns on its $50 billion local portfolio in a rapidly growing market where exiting investments has become easier. 'The market is getting bigger and bigger, so we need to concentrate,' said Ravi Lambah, who heads the India operations and strategic initiatives of the Singapore sovereign wealth fund that has been investing in the country for over two decades now.
Bloomberg
27-06-2025
- Business
- Bloomberg
How China Is Retreating From Private Assets in the US
China's sovereign wealth fund is pulling away from the US as tariffs and regulation risks mount Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at Inter Milan's new private debt and the steps asset managers are taking to get private assets to retail investors. But first, how China is retreating from investing in US private markets. If you're not already on our list, sign up here. Have feedback? Email us at goingprivate@ — Isabella Farr It struck deals with Goldman Sachs. It owned stakes in Blackstone and Morgan Stanley.
Al Arabiya
19-06-2025
- Business
- Al Arabiya
Saudi PIF launches new company to run Expo 2030
Saudi Arabia's $925 billion sovereign wealth fund PIF said on Thursday it had launched a new unit that will be responsible to build and operate the facilities for the Expo 2030 world fair. The company will be called Expo 2030 Riyadh Company, PIF said in a statement to Reuters, adding that the masterplan for the project covered an area of 6 million square meters to the north of the city. Expo 2030 Riyadh is projected to attract more than 40 million visits and, once operational, it is expected to contribute around $5.6 billion to Saudi Arabia's GDP, PIF said.
Zawya
19-06-2025
- Business
- Zawya
Saudi PIF launches new company to run Expo 2030
DUBAI: Saudi Arabia's $925 billion sovereign wealth fund PIF said on Thursday it had launched a new unit that will be responsible to build and operate the facilities for the Expo 2030 world fair. The company will be called Expo 2030 Riyadh Company, PIF said in a statement to Reuters, adding that the masterplan for the project covered an area of 6 million square meters to the north of the city. Expo 2030 Riyadh is projected to attract more than 40 million visits and, once operational, it is expected to contribute around $5.6 billion to Saudi Arabia's GDP, PIF said. (Reporting by Jana Choukeir; writing by Pesha Magid and Federico Maccioni; Editing by Alison Williams)
