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Bain, GIC to hit benchmark returns on fresh partial exit from Genpact

TMT

17 November, 2017

Bain, GIC to hit benchmark returns on fresh partial exit from Genpact

Private equity firm Bain Capital and Singapore sovereign wealth fund GIC, which had jointly invested in New York Stock Exchange-listed ......

Malaysian sovereign fund Khazanah exits IDFC Bank

General

30 November, 2016

Malaysian sovereign fund Khazanah exits IDFC Bank

Khazanah Nasional Berhad has sold all its stake in IDFC Bank Ltd, saying goodbye to its nearly decade-long investment in ......

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GIC sheds more stake in Hero MotoCorp, makes neat returns

General

26 October, 2016

GIC sheds more stake in Hero MotoCorp, makes neat returns

Singapore’s GIC has doubled the money it initially invested in Hero MotoCorp Ltd, as one of the most active sovereign ......

Saudi wealth fund PIF raises $1 bn from STC stake sale

TMT

14 November, 2024

Saudi wealth fund PIF raises $1 bn from STC stake sale

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in telecoms firm ......

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

People

12 November, 2024

Qatar's emir appoints Mohammed Al Sowaidi as new CEO of wealth fund QIA

Qatar's emir on Tuesday appointed Mohammed Al Sowaidi as CEO of the Qatar Investment Authority (QIA), according to a statement issued by ......

Oman sovereign wealth fund's total assets rise to $49.9 bn in 2023

Finance

21 August, 2024

Oman sovereign wealth fund's total assets rise to $49.9 bn in 2023

The assets of Oman's sovereign wealth fund stood at 19.2 billion rials ($49.9 billion) at the end of 2023, up ......

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Finance

24 July, 2024

Saudi sovereign wealth fund PIF appoints new head of investment strategy

Saudi Arabia's sovereign wealth fund, which manages around $925 billion, has appointed a new head of its investment strategy and ......