Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy
The firm, which officially launched in January, has already taken stakes worth $5bn this year
Les gros fromages
Writedown comes as UK government is hoping to attract institutional investors
Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns
Arbitrage for the public good?
Would a state pool of money by any other name smell as sweet?
Lender has spent just a fraction of funds allocated to it, raising questions over need for more cash from new wealth fund
Oil-rich emirate draws new name as it seeks to become financial hub to rival neighbouring Dubai
Establishing strong governance arrangements will be key
Proposal for pool of capital to invest in strategic sectors has also been floated by Donald Trump
Former PetroSaudi chief Tarek Obaid and right-hand man Patrick Mahony found responsible for embezzling $1.8bn
Lord of the returns
Once considered a cash cow by dealmakers, PIF has slowed spending on global investments, bankers say
First such collaboration between western and Gulf states to challenge Asian nation over supply of clean energy minerals
Executives at Abu Dhabi’s $300bn fund lead restructurings and management changes as valuations sink
Gabrielle Rubenstein says her efforts were ‘misconstrued’ after charges she sought to steer assets to friends and family
Sovereign wealth fund sees ‘opportunity’ as companies exit the mainland amid geopolitical tensions
Bain is selling a stake in deal that values Bugaboo at several hundred million pounds
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
State-owned fund urges local companies it backs to become more global and grow through acquisitions
Investment by Singapore state-owned fund expected to power international growth for financial services company
Investors split over options that range from deal with rival Ardonagh or putting together new rescue financing
Top 10 shareholder of carmaker says it is ‘concerned’ about size of package
Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capital