💰SWF – Sovereign Wealth Fund
CPPIB Partners with Lendlease on £1.5 Billion U.K. Build-to-Rent Venture.
The Canada Pension Plan Investment Board (CPPIB) has announced the launch of a £1.5 billion venture with Australian listed construction giant Lendlease Group centered around the development of build-to-rent private housing in the United Kingdom.
The new infusion of capital will bolster the £800 million already committed to various projects in the Britain’s housing sector by Lendlease, which will develop, construct, and manage homes built through the partnership.
Mubadala-Owned Falcon Bank to Begin Accepting Blockchain.
Zurich-based Falcon Private Bank Limited, which is owned by Abu Dhabi-based Mubadala Investment Company, has announced that it will now be accepting wealth originating from new and existing clients’ blockchain assets, reaffirming its position in the private banking industry as a first-mover in adopting distributed ledger technology.
Assets will be accepted provided that they pass required due diligence to ensure full compliance with anti-money laundering (AML) and know-your-client (KYC) regulations and laws.
The Swiss bank’s auditor PricewaterhouseCoopers (PwC) has reviewed the process, according to a press release.
https://www.swfinstitute.org/swf-news/mubadala-owned-falcon-bank-to-begin-accepting-blockchain/