Drudge Report for Institutional Allocators

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Intelligence – Sovereign Guild

The Mandate

Sovereign wealth fund news and institutional capital intelligence for the world's top allocators.

Friday, June 19, 2026

52 Links Published<br>4 Categories

 Pinned & Breaking

1600 Investment RFPs and counting, Octum breaks new ground<br>octum.ai

capital raising

Samsung Electronic Invests $175 Million in Series E in Element Biosciences.<br>www.elementbiosciences.com

COMPRESSION MAGNETS. FUSION ENERGY STARTUP HELION ENERGY RAISES $465 MILLION FOR SERIES G. Sam Altman Smiles.<br>www.helionenergy.com

Governor Abbott Announces Texas Semiconductor Innovation Fund Grant To Soulbrain<br>gov.texas.gov

GPT WARS - OpenAI Files for IPO, just behind Anthropic<br>www.cnn.com

MUSK DREAMS: SpaceX is Targeting a $75 billion raise<br>www.marketwatch.com

Global Events

BofA Private Bank Wealth Survey: U.S. HNW Gen Z and Millennials - 47% of young investors use AI to research companies or markets. 92% say longevity is an important factor in financial planning<br>www.prnewswire.com

Layoffs Plague Rivian. Rivian Has Never Turned An Annual Profit. Backed by Amazon and Volkswagen<br>www.cnbc.com

Video HOWARD MARKS: Is Today's Exuberance Irrational?<br>www.youtube.com

Video "He explains why NVIDIA's AI factories are the dynamos of this era: machines that take in electrons and send out tokens of intelligence, just as Siemens' dynamo once turned motion into electricity. "<br>www.youtube.com

Another Crypto Winter, 3.0? From 120K to 61K BTC price.<br>www.marketbeat.com

FINALLY, JPMORGAN CHASE TO START DEPLOYING LONGER-TERM AI AGENTS<br>www.cnbc.com

Apple Shareholders Don't Look too Excited for Siri AI<br>lite.cnn.com

Breaking PENTAGON REVEALS CHINESE MILITARY FIRMS HIDING IN PLAIN SIGHT ACROSS AMERICA<br>media.defense.gov

LA Socialist Takes Lead over Reality Star Pratt<br>www.nbcnews.com

Driverless Trucks are Delivering DORITOS<br>www.wsj.com

White House Considers Buying Chagos Islands<br>www.telegraph.co.uk

FTX Founder Sam Bankman-Fried Requests a Pardon from Trump<br>beincrypto.com

AMERICANS MOST FINANCIALLY STRESSED SINCE 2022, NYFED WARNS<br>www.cnbc.com

FCA takes legal action against Woodford 4.0<br>citywire.com

Given its exposure to the energy shock, Europe’s STOXX 600 has struggled since the Iran conflict began… although energy stocks are the clear exception, with tech also outperforming<br>www.visualcapitalist.com

Industry and Deals

Chinese AI DeepSeek raises $7.4 BILLION at a valuation just north of $50 Billion. National AI Industry Investment Fund invested directly.<br>www.theinformation.com

Blackstone Creates a New Credit Platform to Bolster U.S. ASSET-BASED LENDING - dubbed SablePointe Credit Strategies<br>www.blackstone.com

SpaceX Moves on AI Space, Inks Deal to Buy AI coding startup Cursor for $60 billion in an all stock transaction.<br>www.cnbc.com

Venture capitalists, college endowments and employees<br>www.wsj.com

Brookfield Completes Move to Full Ownership of Oaktree Capital<br>www.barrons.com

ANOTHER "FINANCING" COMMITMENT FOR GLOBAL AI DEPLOYMENT, Apollo and Blackstone $AVGO<br>www.blackstone.com

IREI Founder Dohrmann Shares His Story<br>irei.com

Wealthy US Endowments Smile on SpaceX, A Bit of Relief.<br>www.wsj.com

BLACKSTONE AND J.P. MORGAN BET $281 MILLION ON URBAN PARKING LOTS<br>www.businesswire.com

Aggregation continues, gobble, gobble.<br>www.businesswire.com

844 unicorns (51.2%) have not raised a round in over two years and do not appear in any metric describing the recent recovery.<br>pitchbook.brightspotcdn.com

Startups on Carta combined to raise nearly $120 billion in new funding in 2025, up nearly 17% from 2024.<br>carta.com

SWFs, Family Offices, and Allocators

BELOW 6%!!! PSP Investments Credit annual return at 3.1% and Private Equity at 5.3%, PSP even has their own internal credit team (NYC).<br>www.prnewswire.com

PSP Investments Bombs in Annual Real Estate Returns at NEGATIVE 7.3 % While Stocks Outperform (GO FIGURE). Canadian pension plans have trouble in generating returns in their property portfoliols.<br>www.investpsp.com

US DFC Goes Through Fund Manager I Squared Capital for Southeast Asia Infrastructure Investments<br>isquaredcapital.com

AMERICAN CAPITAL HEARTS CRITICAL MINERALS - U.S. DFC Forms Venture with Uzbek SWF to Lure Investment and OTHER SWFS<br>www.dfc.gov

Uzbekistan, in particular, is the world’s 5th largest uranium producer and 8th largest gold producer; it also has the 9th largest copper reserves in the world.<br>hagueresearch.org

CalPERS Pension Giant Embraces TPA, Expect More Private Market Investing. TPA = Total Portfolio Approach. CalPERS PE portfolio is now $119B.<br>www.pionline.com

Funded status of the 100 largest U.S. corporate defined benefit pension funds to 109.6% - Milliman’s Pension Funding Index.<br>www.ai-cio.com

The Wrapper Illusion: Do Entity Structures Neutralize Tax Anti-Abuse Rules?<br>www.aqr.com

AUSTRALIA FUTURE FUND: In the last 10 years, 60% of our net alpha has come from private markets.<br>www.top1000funds.com

Section 892 could deeply impact future SWF investment, impacting...

fund capital billion blackstone investment energy

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