💰SWF – Sovereign Wealth Fund

💰SWF – Sovereign Wealth Fund

SoftBank Vision Fund Scores $29.7 Billion in Acquisition Costs at Year-End

The SoftBank Vision Fund, overseen by Japan-based SoftBank Group, has a number of limited partners ranging from technology companies to sovereign wealth funds.

These include SoftBank Group Corporation, Saudi Arabia’s Public Investment Fund, Mubadala Investment Company,

Apple,

Foxconn Technology Group,

Qualcomm Incorporated,

and Sharp Corporation.

SWFI – Sovereign Wealth Fund Institute

https://www.swfinstitute.org/swf-news/softbank-vision-fund-scores-29-7-billion-in-acquisition-costs-at-year-end/

CPPIB and GIC Acquire Kumho Asiana Main Tower

Canada Pension Plan Investment Board (CPPIB) and Singapore’s GIC Private Limited formed a joint venture to buy a Grade A office building in Seoul, Kumho Asiana Main Tower, from Kumho Asiana Group, parent of Asiana Airlines, for 418 billion KRW (US$ 380 million).

The money from the sale will boost liquidity for Asiana Airlines.

SWFI – Sovereign Wealth Fund Institute

https://www.swfinstitute.org/swf-news/cppib-and-gic-acquire-kumho-asiana-main-tower/