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Temasek Delivers Sluggish Return, But Prepares for Diversification and Mega-Trends

9th July, 2024

Singapore’s state-owned investor Temasek has reported a 1.8% rise in AUM to S$389 billion (US$288 billion), making it the world’s 11th biggest sovereign investor.

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2024 GSR Scoreboard

1st July, 2024

We are delighted to present the 2024 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).

Asia-Oriented Hedge Fund Pod Shops Get State Investor Approval

27th June, 2024

Hedge fund pod shops are the latest evolution in the hedge fund universe and are winning the backing of weighty state-owned investors (SOIs), particularly multi-strategy funds focused on the Asian regional market.

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Temasek Offloads US$3.6 bn LNG Subsidiary in Deal with Shell

20th June, 2024

Temasek has agreed to sell its LNG subsidiary Pavilion Energy to oil major Shell for an undisclosed figure, 11 years after it was launched by the Singaporean state-owned investor.

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CPP "Close" to US$1.2bn Indian Roads Purchase

18th June, 2024

Canada’s biggest public pension fund, CPP Investments, could be close to acquiring a INR100 billion (US$1.2 billion) Indian roads portfolio from India’s quasi-sovereign wealth fund the National Investment and Infrastructure Fund (NIIF), but is up against Macquarie and infrastructure investment trust Cube Highways at the advanced bidding stage.

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India Gains Interest of ADIA and GIC in Data Center Investments

29th May, 2024

Data Centers are pivotal in the development of the digital economy – and India’s digital economy is one of the biggest growth drivers, drawing in a range of sovereign wealth funds.

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Saudi Arabia's Hassana Backs the Rise of Climate Funds

16th May, 2024

TPG Rise Climate vehicle has won another state-owned investor for its carbon-cutting mission with the US$320 billion Saudi public pension fund manager Hassana – part of the General Organization for Social Insurance (GOSI) – making forming a US$1.5 billion partnership, including a “substantial anchor commitment” to the new Transition Infrastructure fund and an allocation to the TPG Rise Climate II fund.

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2024 GSR preliminary scoring finalized, consultation begins

6th May, 2024

The fifth edition of the GSR Scoreboard will be released in eight weeks’ time, on Monday, July 1. Since 2020, Global SWF has issued an annual assessment of the best practices of state-owned investors around Governance, Sustainability, and Resilience.

Temasek Aims to Turn Around Fortunes with Paris Office and US$18bn EMEA Surge

11th April, 2024

Singapore’s Temasek has opened a new office in Paris, a year behind schedule, as it seeks to advance its EMEA strategy, which has seen its exposure to the region grow five-fold since 2011, in Singapore dollar terms to S$47 billion or 12% of its portfolio by end-FY2022/23.

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Big Tickets: Sovereign Investors Cash in with Mega Divestments

20th March, 2024

Sovereign investors are looking to cash in assets, sensing markets are ripe for divestment. Singapore’s Temasek and GIC are the most active sovereign investors in big ticket sales, which are set to net them billions in returns that will be recycled into new strategies.

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Singapore's Temasek is a Trailblazer in AI Startups

6th March, 2024

Singapore’s Temasek continues to mark itself as a trailblazer among state-owned investors in the tech space as it enters discussions to invest in AI company OpenAI.

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Temasek-BlackRock Partnership Targets Battery Tech

22nd February, 2024

Decarbonization Partners – the partnership formed by BlackRock and Singaporean state investor Temasek – has struck its seventh deal, leading a US$150 million funding round for thermal battery maker Antora Energy.

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