It’s high time someone talks about the elephant(s) in the room (Singapore) that has been the talk of this election and conspiracy theorists: Temasek Holdings and GIC. Estimates peg the valuation of Ant Group at around $200 billion potentially making it one of the largest Fintechs to ever go public. Temasek Holdings in Singapore and Mubadala in Abu Dhabi immediately come to mind. Temasek and GIC are reportedly the first prominent Asian investors that are looking to take part in Ant Group’s planned IPO. The Fintech Unicorn might launch its IPOs by next month, the sources said. 0 5 minute read. Temasek Holdings (Private) Limited (abbreviated as Temasek) is a Singaporean holding company, owned by the Government of Singapore. Temasek Holdings: how Singapore's sovereign wealth fund built a S$300 billion portfolio We recount the story of Temasek and describe what investors can learn from the company and its recently released financial results. Last week Temasek, one of Singapore's two sovereign wealth funds, made a $1.3 billion investment in a liquified natural gas block in Tanzania. SWFI is a minority-owned organization. Temasek Holdings, Singapore’s sovereign wealth fund, has nearly $300 billion in equity holdings, placing them confidently as one of the most substantial sovereign wealth funds in existence. Offerings Beachwood OH 44122 USA Sovereign Wealth Funds are pouring cash into clean tech investments, a move that could provide the funding needed to accelerate the development of green … Crowdfunding Portals Matthew Lim October 9, 2015. If you continue to use this site we will assume that you are happy with it and agree to our terms of service. AntChain is described as an all-in-one workstation that reduces the deployment time of the company’s blockchain-based solutions by as much as 90%. FAQ Both organizations also took part in Ant’s $14 billion investment round back in 2018. Temasek is reportedly considering investing in both of Ant’s iPO listings. In May, Ant Group formed a similar partnership with Intel. Singapore’s sovereign wealth fund (SWF), Temasek, is to set up its own asset management group. Global Meanwhile, Temsaek’s Singapore portfolio declined from 26% last year to currently about 24%. Information from Willis Towers Watson indicates Singapore's government has abundant capital under management. Temasek’s portfolio in China grew to a record 29% during the past year ending in March 2020. Aramco’s IPO had notably surpassed the previous record set by the Alibaba Group back in 2014. Ant Group has also introduced AntChain, a new brand for the company’s blockchain-based solutions that also aggregates other digital technologies including AI (artificial intelligence), Internet of Things (IoT), and secure computation. M. Nurhadi Pratomo - Bisnis.com 06 Oktober 2020 | 14:11 WIB The Fintech giant will be seeking listing approval from the Shanghai stock exchange on September 18, 2020. A sovereign wealth fund is basically a state-owned investment fund which is made up of the money earned or generated by the government. Support: [email protected] They take in foreign currencies, primarily U.S. dollars, in exchange for their exports.The funds are then invested to produce the highest return possible. In this paper, we document the investment behaviour of... Sovereign wealth fund investment decisions: Temasek Holdings - Richard Heaney, Larry Li, Vicar Valencia, 2011 Skip to main content All Rights Reserved. Sovereign Wealth Fund Institute® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. A sovereign wealth fund is an investment pool of foreign currency reserves owned by a government. Digital Assets Insider® Terms of Service Privacy Policy. The financing was led by Vida Ventures with participation from new investors including RA Capital Management, Invus, Acuta Capital Partners and an investment fund associated with SVB Leerink and prior Locanabio investors ARCH Venture Partners, Temasek Holdings, Lightstone Ventures, UCB Ventures, and GV (Google Ventures). © 2008-2020 Sovereign Wealth Fund Institute. C/O Crowded Media Group, LLC Current Assets for Temasek is $417,351,000,000 and SWFI has 96 periods of historical assets, 120 subsidiaries, 1,244 transactions, 14 Opportunities/RFPs, 148 personal contacts available for CSV Export. Info: [email protected] "Temasek is one of the most transparent [sovereign wealth funds], and is in many ways considered a model for the other funds. CI on Telegram, Categories GIC is also one of the … Asia Advertise on Crowdfund Insider Apart from The National Investment and Infrastructure Fund (NIIF) - the countrys only sovereign wealth fund, India has already seen a large pool of infrastructure investments by global sovereign wealth funds such as Singapore based GIC, Temasek Holdings and Middle East based Abu Dhabi Investment Authority. No affiliation or endorsement, express or implied, is provided by their use. Incorporated on 25 June 1974 as a Commercial Investment Company, Temasek owns and manages a net portfolio of S$306 billion (as of 31 March 2020), with S$26 billion divested and S$32 billion invested during the year, and 66% exposure to Asia – 24% Singapore and 42% Asia ex-Singapore. Temasek Holdings is a sovereign wealth fund (SWF) —a state-owned company—that manages an investment fund on behalf of the Government of Singapore. PO Box 221196 Sovereign wealth funds invested a record amount in venture capital last year, a report said on Thursday, as they seek early exposure to the next Airbnb, Uber or Ant Financial. Errors are noted below: Thanks for reaching out. Euromoney starts by asking Lim about one of GIC’s key differentiators in the sovereign wealth world: being a first mover in many themes. September 12, 2020 @ 11:24 am By Omar Faridi. But it hasn’t done well this past year. Real Estate Singapore-based maritime containerline Pacific International Lines (PIL) received “previously unreported loans” from the Republic’s sovereign wealth fund Temasek Holdings in the form of hedge funds last year. Divestments at the Singaporean sovereign wealth vehicle tell a story of a tough investment environment. Disclosure Quest Fintech Insider® Crowdfunding Guide CI on Facebook Strategy According to the SWF, Seviora Holdings will bring together four existing asset management companies – Azalea Investment Management, Fullerton Fund Management Company, InnoVen Capital and Seatown Holdings International – under one combined unit with asset under … The deal illustrates a … Temasek's State sponsors understood that national interests would Ant Group (previously Ant Financial) is a subsidiary of billionaire Jack Ma’s Alibaba Group Holding (NYSE:BABA). e A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or … Temasek, GIC and Ant declined to comment. Its exposure in 2019 was around 26%. About Us Temasek is Singapore’s sovereign wealth fund with more than $230 billion in assets as of March 2019. If and when the IPO is launched, it will aim to list concurrently in Hong Kong and on Shanghai’s STAR Market. Crowdfund Insider is the leading news and information web site covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain peer-to-peer / marketplace lending and other forms of Fintech. attorney leads with email and phone numbers, 60B Orchard Road, #06-18 Tower 2, The Atrium@ Orchard, Singapore, 238891, Segment percentages and amounts available on swfi.com. Current Assets for Temasek is $417,351,000,000 and SWFI has 96 periods of historical assets, 119 subsidiaries, 1,242 transactions, 14 Opportunities/RFPs, 148 personal contacts available for CSV Export. Info Edge and its wholly-owned subsidiaries have committed Rs 350 crore to it. In fiscal year 2019, the sovereign wealth fund returned just 1.49% on the Singapore dollar, or -2% in US dollar terms. Sovereign Wealth Fund Indonesia Disebut Bisa Lampaui Temasek Bila badan usaha milik negara (BUMN) melantai di bursa, nilai perusahaan BUMN diestimasi mencapai US$480 miliar dengan asumsi sales to price ratio 3-4 kali. Alibaba Group’s Fintech Firm, Ant Group, Gets Approval from Chinese Authorities for Registration of its Shanghai Initial Public Offering (IPO), Chinese Regulators to Introduce “Special” and “Innovative” Regulatory Guidelines for Fintech Giants like Ant Group, Tencent Holdings, Chinese Fintechs Must Realize that their Products can Subject Consumers to Financial Risk, Analyst Says following Sector-Wide Crackdown, Daniel Zhang, Chairman of Alibaba Group, Says China’s Move to Create New Fintech Regulations Is “Timely and Necessary”, Alibaba Group’s Fintech Firm, Ant Group, Gets Approval from Chinese Authorities for the Hong Kong part of its Upcoming IPO, Ant Group Is Reportedly Moving Forward with Digital Banking License Application in Singapore, Despite Halted IPO Plans, Translated: Shanghai Stock Exchange Statement Suspending Ant Group’s IPO, Ant Group Is “Most Interesting” Fintech of All Time Because it Provides Blueprint for how Unbanked Will Come Online, Industry Exec Explains, Indonesia E-Commerce Marketplace Tokopedia Set to Finalize $1.5 Billion Round from Softbank, Alibaba, Temasek, Chinese Fintech Ant Financial Is Working with Several Banks to Revive its IPO Plans: Report, Chinese Regulators Order Billionaire Jack Ma’s Fintech Ant Group to Return to its Payments Services Business, Place New Restrictions, Straight From the Top: Chinese President Xi Jinping Said to Personally Hit Pause on Ant Group IPO, Fintech Giant Ant Group’s Profits Increased 560% Year-Over-Year to an Estimated $1.3 Billion, Dual IPO Listings Forthcoming, Ant Group to IPO on Hong Kong Exchange, Shanghai Exchange, Poised to be Largest Fintech Ever to Go Public, JD Digits, the Fintech Division of Chinese Online Marketplace JD.com, to Conduct IPO at China’s STAR Market. CI on LinkedIn Temasek Holdings, a major Singapore state investor, is reportedly looking into making a potential investment in the planned initial public offering (IPO) of Chinese Fintech giant Ant Group, which might be the world’s largest iPO. Submit a Tip ... Temasek, a global investment fund headquartered in Singapore has invested $400 Million in NIIF; NIIF and the UK Government have committed GBP 120 million each into the fund. GIC Pte Ltd, which is Singapore’s sovereign wealth fund (one of the world’s largest), might also make a strategic investment in the IPO, according to Reuters, which cited sources familiar with the matter. Enterprise clients are said to be able to set up AntChain within an hour. The Sovereign Wealth Fund Institute noted in a March 2020 report that Temasek and peer GIC had traditionally led sovereign wealth funds in venture-style investments, although others have since accelerated their activity too. The Southeast Asia nation's sovereign wealth fund has set up four money management units to boost efficiency. There were 84 sovereign wealth fund deals in 77 different venture capital … It is an active shareholder and investor, and its investments are guided by four key th… General News © 2020 Crowded Media Group. What Is Temasek Holdings? To recap, Temasek is a highly active form of sovereign wealth fund that makes equity investments in Singapore's national interests. Fintech A number of governments around the world have sovereign wealth funds that function like VC firms. Featured Headlines Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. It’s been active in the blockchain and digital payments space. Ant Group has signed strategic agreements with Dell, Hewlett-Packard, and Lenovo to make IT leasing services more accessible for SMEs through the use of AntChain. Ant, which offers mobile payments services, intends to secure more capital on STAR than in Hong Kong. Ant Group reports that currently over 100 million digital assets are uploaded onto AntChain on average every day. CI on Twitter Crowdfund Insider sovereign wealth funds; Temasek Holdings; COVID-19 In Asia C. December 28, 2020 A Deadly and Disastrous 2020 for the Philippines December 23, … Sovereign wealth funds (SWFs) are investment portfolios and savings funds that are controlled and actively managed by a sovereign government. All Rights Reserved. Advertising: [email protected] The public offering may be looking to raise up to $30 billion, the sources claim. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. The Singapore state investor is currently anticipating to receive more details regarding Ant’s planned IPO, before committing to making an investment proposal, the sources noted. Sovereign wealth fund GIC (US$359 billion), pension fund Central Provident Fund (US$269.1 billion) and state investment firm Temasek Holdings (US$230.3 billion) are ranked among the top 20 global asset managers this year. Temasek Holdings (Private) Limited (Temasek) is a Sovereign Wealth Fund located in Singapore Singapore, Asia, and was founded in 1974. Contact Us Temasek was founded in 1974, originally formed as an outlet for the infrastructure and economic investments by the Singapore Government. We use cookies to ensure that we give you the best experience on our website. There was an error. PIF, which is Saudi Arabia’s sovereign wealth fund, is also considering making an investments in Ant’s IPO, Reuters reported. Temasek Holdings, a major Singapore state investor, is reportedly looking into making a potential investment in the planned initial public offering (IPO) of … The largest investment pools are owned by countries that have a trade surplus, such as China and oil-exporting countries. Temasek Holdings (Private) Limited (Temasek) is a Sovereign Wealth Fund located in Singapore Singapore, Asia, and was founded in 1974. Temasek Holdings is usually lumped together with other sovereign wealth funds, yet it is a unique body that shares few characteristics with these organisations, said chairman Lim Boon Heng Thursday. Temasek is the eighth-largest sovereign wealth fund in the world with S$375 billion, or US$231 billion, in assets. SINGAPORE (THE BUSINESS TIMES) - Temasek Trust, the philanthropic arm of Singapore sovereign wealth fund Temasek Holdings, has launched a $10 million fund … Sovereign Wealth Funds and What Temasek Holdings & GIC Do With Your Money. A few months ago, Temasek, along with JPMorgan and the Monetary Authority of Singapore (MAS), completed a blockchain trial for multi-currency payments. It was the first non-hydrocarbon state to launch a sovereign wealth fund, to set up an office in San Francisco in 1986 in order to get ahead of the tech theme and is considered a pioneer in private equity and infrastructure investment. Singapore SWF-backed venture rounds constituted 3% of total global deals, according to Sovereign Wealth Research. The news of a pending initial public offering (IPO) was previously reported as word of the listing was leaked in the press. The new fund has already backed nine startups across sectors, including DotPe, a fintech firm, and social commerce platform Bulbul. An Active Investor, Forward Looking Institution and Trusted Steward We are an investment company with a global portfolio of S$306 billion (US$214 billion) as at 31 March 2020. CI on Instagram Temasek is also an investor in Policybazaar and Zomato. Should these plans materialize, then it would become the world’s largest IPO since Saudi Aramco acquired $29.4 billion via its public offering in December 2019. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. As covered, Ant Group’s profits increased 560% year-over-year to around $1.3 billion. Women Changing Finance, Services Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. The most important number in Tuesday’s Temasek review for the Singaporean sovereign wealth vehicle was this: it divested S$28 billion ($20.6 billion) of assets, S$4 billion more than it invested. Globally, state funds control some of the biggest pools of investments with the 10 largest overseeing $5.8 trillion, data from the Sovereign Wealth Fund Institute show. The new fund, Info Edge Ventures, has a corpus of Rs 750 crore or $100 million. Singapore sovereign wealth fund GIC Pte Ltd is also considering investing in the IPO, said one of the people. All material subject to strictly enforced copyright laws. Politics Like VC firms, these funds make strategic investments in emerging sectors and participate in board-level decisions. We will be in touch soon. The sources claim and Zomato listing approval from the Shanghai stock exchange on september,! Rs 350 crore temasek sovereign wealth fund it a story of a tough investment environment Government! 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