Happy March!
Sovereign Investors had a stronger February, with US$ 25.2 billion deployed in 52 transactions. Read all about the deals, results, appointments, vacancies, and other activities at the Global SWF Times.
A significant part of this capital is being invested in AI “start-ups”. We offer an in-depth analysis of the funding of the 10 largest private companies, and how much Sovereign Investors are betting on them.
The infographic of the month looks at the geographical split of the portfolios of the Top 40 Sovereign Investors, and how these have changed over the past 20 years. The big winner has been the United States.
The fund of the month goes to New Mexico State Investment Council (NMSIC), which is aiming at becoming the US largest state fund by 2030. Do not miss our chat with its SIO (CEO), Mr. Jon Clark.
In that context, we run a comparison between NMSIC, Alaska PFC and Texas PSF, the three largest US SWFs – looking at growth of their balance sheet, asset allocation and investment performance.
The March report can now be accessed at https://globalswf.com/reports/march2026 - if your firm is a subscriber of Global SWF and you forgot your password, you can always reset it with your email at https://globalswf.com/password/reset. And if your firm is not a subscriber yet, feel free to reach out to us.
We remain at your disposal should you want to discuss any of the topics in detail.
Best wishes,
The Global SWF Team