Date: 29 March 2022
« This network of sovereign wealth funds in the region will discuss and share co-investment opportunities, »commented Herald Bonnici, Managing Director of MGI.
The Compañía Española de Financiación del Desarrollo (COFIDES) has also initialled a memorandum of understanding with these three SWFs to become a member of this new network which will be based in Malta. « They are currently key financial players thanks to their stabilising role through medium and long-term investment strategies. COFIDES is also an active member of the International Forum of Sovereign Wealth Funds (IFSWF) and the One Planet Sovereign Wealth Funds network, » says José-Luis Curbelo, President of COFIDES.