The Hunt for Unicorns: How Sovereign Funds Are Reshaping Investment in the Digital Economy

ISBN-13: 9781119746607 / Angielski / Miękka / 2021 / 384 str.

Winston Ma; Paul Downs

Spis treści

Foreword xiIt is Time to Build the Greatest of Time Machines --Ajay Royan xiThe Investment Partners of Choice --Russell Read, CFA, Ph.D xviiiInto the Vanguard of the Digital Transformation --Margaret Franklin, CFA xxAuthors' Notes and Acknowledgments xxiiiAcknowledgements xxviiAbout the Authors xxixPreface xxxiChapter 1 Sovereign Investors Rising in Crisis 1Chapter 2 From Passive Allocators to Active Investors 33Chapter 3 Global Hunt for Unicorns (Decacorns) 65Chapter 4 Long-term Capital into Digital Infrastructure 103Chapter 5 Spurring Domestic Digital Transformation 137Chapter 6 Go Early, Go Nimble 175Chapter 7 The Hunt for the Hunting Party 205Chapter 8 Overseas Expansion and National Security Collide 241Chapter 9 Tech Transactions Snared by Geotech Tension 275Chapter 10 Super Asset Owners 313Appendix: Table of Abbreviations 343Bibliography 347Index 359

O autorze

WINSTON MA is an investor, attorney, author, and adjunct professor in the global digital economy. Most recently for 10 years, he was Managing Director and Head of North America Office for China Investment Corporation (CIC), China's sovereign wealth fund. Prior to that, Mr. Ma served as the deputy head of equity capital markets at Barclays Capital, a vice president at J.P. Morgan investment banking, and a corporate lawyer at Davis Polk & Wardwell LLP. He is the author of the best-selling books including Investing in China (2006) and China's Mobile Economy (2016). Winston was selected as a 2013 Young Global Leader at the World Economic Forum and in 2014 he received the NYU Distinguished Alumni Award.PAUL DOWNS practiced international law for more than four decades, most recently as a partner at Hogan Lovells in New York, where he co-founded the Sovereign Investor Practice and initiated its annual Sovereign Investor Conference. He has represented sovereign investors transacting in assets globally, has spoken and published on the topic and guest lectured at Columbia and New York University law schools. Mr. Downs served as President of the American Foreign Law Association.