ALTÉRRA Acceleration is also today announcing a US$2 billion commitment to the second Brookfield Global Transition Fund, making it the single-largest third-party investor in the fund to date.

WHY SET UP A WEALTH FUND NOW? Bessent said the U.S. sovereign wealth fund would be set up in the next 12 months. While on the election campaign trail in September, Trump proposed setting up a fund ...

However, the scale of the drop in sovereign wealth funds’ wealth in 2022 is debatable as most SWFs report with significant delays. Still, the SWFs lost around $1 trillion in 2022, as per Global SWF.

President Donald Trump on Monday signed an executive order directing officials to develop a plan for the creation of a U.S. sovereign wealth fund. As he signed the order, Trump told reporters that ...

President Donald Trump on Feb. 3 signed an executive order establishing a sovereign wealth fund to, as he stated, "promote the long-term financial health and international leadership" of the U.S.

"I think it's about time that this country had a sovereign wealth fund," Trump told reporters in the Oval Office on Monday. "I think in a short period of time, we'd have one of the biggest funds." ...

Democrats are already on offense. If the U.S. wants to win the global race for technological supremacy, the country’s best tool is a sovereign-wealth fund. Washington’s haphazard approach to ...

As some of the world’s biggest investors, sovereign wealth funds (SWFs) are generally well-armed to ride out the stress of rising interest rates and will continue to bolster government finances, says ...

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Today at COP28, Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX: BAM) and ALTÉRRA, the world’s largest private markets climate vehicle ...

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) — Today at COP28, Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX: BAM) and ALTÉRRA, the world’s largest private markets climate vehicle ...