Table of Contents
1 Cover
2 Foreword It is Time to Build the Greatest of Time Machines
3 The Investment Partners of Choice
4 Into the Vanguard of the Digital Transformation
5 Authors' Notes and Acknowledgments
8 Preface Part I: The Trillion-Dollar Club Part II: In Pursuit of the Digital Revolution Part III: Global Expansion, Regulatory Responses, and International Policies Closing Chapter: Super Asset Owners
9 CHAPTER 1: Sovereign Investors Rising in Crisis Trillion-Dollar Club Follow the Money Big Spenders, ESG Promoters Rush into the Digital Revolution
10 CHAPTER 2: From Passive Allocators to Active Investors Behind-the-Scene Asset Owners Going Direct: Real Estate to Infrastructure Active Investors Taking Actions Rarity of Unicorns: In the Public Market New Milestone for Grown-up SIFs
11 CHAPTER 3: Global Hunt for Unicorns (Decacorns) Trillion Dollar Club – SIFs and Unicorns New Venture Capitalists at Silicon Valley China: Wild Wild East London, India, and Rising Innovation Hubs
12 CHAPTER 4: Long-term Capital into Digital Infrastructure Data to Information to Knowledge SIFs and Global Infrastructure Gap Network Infrastructure and Data Center Smart Global Logistics Smart Cities – Urban SDG
13 CHAPTER 5: Spurring Domestic Digital Transformation Quest for Additionality: from NPRF to ISIF Tech Hub in the Desert Innovative SWF Structures in Africa
14 CHAPTER 6: Go Early, Go Nimble The Year WeWork Failed to Work Temasek: Bumpy Road even for Established Players Becoming VC: Early, Nimble, and Portfolio Approach From Alpha to Omega
15 CHAPTER 7: The Hunt for the Hunting Party Nantucket Sleigh Ride AlpInvest “Captive” Asset Manager: A Sexier Employer? Stepping Out: Singaporean Funds and Canada Pensions JIC: Don't Try this at Home Seeding: West Summit and Vision Fund Diversify and Participate: Building up an Ecosystem After the Shard
16 CHAPTER 8: Overseas Expansion and National Security Collide White Knights, Damsels in Distress, not so Happily Ever after Not all National Security is the Same CFIUS Origin: Japan before China Energy Security, National Security Critical Infrastructure, Expanded Review Tightening the Digital Screw Changing Game for SIF/The CFIUS Review Process for SIFs has Changed
17 CHAPTER 9: Tech Transactions Snared by Geotech Tension Tech and Semiconductor Chips From Hard Tech to Invisible Data Europe: Germany, UK, France Israel, Japan: Hard to Balance the Technology Triangle China–US: Severed Cross-Border Ties