Partner James Burdett, co-lead of Baker McKenzie's Global Sovereigns Group and lead of the London Investment Funds team, was the exclusive external contributor to Preqin's Sovereign Wealth Funds in Motion Report, published in May 2021.
Over the past decade, sovereign wealth fund assets under management have almost doubled, rising 98% to $7.84 trillion. Alternative assets have played a significant part in sovereign funds’ success. Median allocations to the big three private capital asset classes – private equity and venture capital, real estate, and infrastructure – have risen from 18% in 2011 to 30% today.
With economies hit hard by COVID-19, many sovereign wealth funds are stepping in to be tools of reconstruction.
Find out how funds are pivoting to support domestic economies and strategic national goals, and the role alternatives will play in helping them achieve their lofty ambitions.