💰SWF – Sovereign Wealth Fund
GIC Invests in DoorDash
San Francisco-based DoorDash Inc., which competes with Uber Technologies’ UberEATS program, raised US$ 535 million – giving the company a US$ 1.4 billion valuation.
The investment round was led by Japan-based SoftBank Group.
Other investors in the round include Sequoia Capital and GIC Private Limited.
SoftBank Group is also an investor in Uber and holds two board seats at the company. DoorDash is a food deliver app and is led by its co-founder Tony Xu
https://www.swfinstitute.org/swf-news/swfi-first-read-march-1-2018/
Mubadala Invests in CollectiveHealth
Mubadala Ventures, a unit of Mubadala Investment Company, participated in a US$ 110 million investment round in San Francisco-based CollectiveHealth, Inc.
The other new investor was Sun Life Financial. These existing investors participated as well such as New Enterprise Associates (NEA), Founders Fund, GV, and Maverick Ventures.
https://www.swfinstitute.org/swf-news/swfi-first-read-march-1-2018/
CPPIB Gets a Taste of DC Development with JBG Smith
The Canada Pension Plan Investment Board (CPPIB) and JBG Smith formed an entity to jointly buy a building in Washington, D.C., at 1900 N St. N.W.
SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/cppib-gets-a-taste-of-dc-development-with-jbg-smith/