Alternatives
NBIM Denied Private Equity Investing Permission, For Now
The $1.59 trillion sovereign wealth fund of Norway has consistently asked the government for permission to invest in the private markets.
The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.
The $1.44 trillion Government Pension Fund Global has been investing in office real estate in the area since 2013.
The pension giant also found that venture capital and growth equity have underperformed public equities.
The $1.4 trillion pension fund manager’s two-year research project will also investigate how resilience and sport psychology can boost results.