Sovereign wealth funds

Sovereign wealth funds join clamour for private credit in EMs

Industry figures put 2025 as easily the biggest year on record

Nicolai Tangen (right) and Norwegian Finance Minister Jens Stoltenberg at a town hall meeting. Since Tangen became CEO of Norges Bank Investment Management, which manages Norway’s sovereign wealth fund, its value has increased about 80%.

He runs the world’s biggest sovereign wealth fund, but his podcast made him famous

Nicolai Tangen says his more public approach is good for transparency and has given Norwegians greater exposure to the US$2.1 trillion fund

Yasir Al-Rumayyan, head of the Saudi Arabia's Public Investment Fund, at the Future Investment Initiative, in Riyadh. PIF was the single largest dealmaker of 2025 by committing US$36.2 billion.

Sovereign funds push into tech as assets swell to US$15 trillion

They ploughed US$66 billion into investments in AI and digitalisation in 2025, says Global SWF

GIC is highlighted in Global SWF's report as being “well-positioned” in the digital infrastructure and data centre segments.

Temasek, GIC investments flat at US$31 billion even as global peers’ activity rises: report

GIC remains the world’s ‘most prolific’ co-investor, deploying US$44.9 billion since 2018

The US is joining a global trend of sovereign investment funds becoming new, powerful venture capitalists – actively scouting startups themselves, investing earlier and even creating their own standalone VC arms.

Sovereign funds are becoming the new venture capitalists

They are especially suited for investing in high-risk, capital-intensive and long-horizon tech ventures

Asian Terminals says that it plans to conduct a tender offer and voluntarily delist from the stock exchange.

Philippine wealth fund to invest in port company Asian Terminals

The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023

South Korea Finance Minister Koo Yun-cheol said the government intends to begin with a modest pool of capital but ultimately grow the fund into a major global player.

South Korea to create commercially driven Temasek-style sovereign fund

The government envisions a vehicle capable of deploying capital into sectors with strong long-term potential

Garuda’s recovery will be key, not just as a validation of the fund’s model but also due to the carrier’s national importance.

Danantara’s US$1.4 billion Garuda play emerges as key reform test

The 76-year-old airline is a major employer and a key mode of transport for the country

Yasir Al-Rumayyan, governor of the PIF, says that it aims to deploy more capital after investing US$11.5 billion in Japan from 2019 to 2024.

Saudi wealth fund plans to more than double investments in Japan

[SAUDI ARABIA] Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about US$27 billion by the end of 2030.

Danantara has so far collected an estimated US$7 billion in dividends from state companies it manages.

Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds

Danantara has not specified how it will use the additional proceeds