The Azerbaijan State News Agency

ECONOMY

SOFAZ hosts CROSAPF Annual Summit 2016

SOFAZ hosts CROSAPF Annual Summit 2016

Baku, September 21, AZERTAC

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) hosts the third Annual Summit of the Co-Investment Roundtable of Sovereign and Pension Funds (CROSAPF) at the Four Seasons Hotel in Baku on September 20-21.

The senior representatives of leading sovereign and pension funds as well as investment management firms have gathered in Baku to discuss current global opportunities and challenges in financial markets and improve the cooperation amongst the investors. At this year’s event, 100 participants represent approximately 60 prominent organizations from around the world. Confirmed attendees include state owned financial institutions – APG (Netherlands), CDC International Capital (France), Export-Import Bank of Korea, Investment Corporation of Dubai (United Arab Emirates), Ithmar Capital (formerly the Moroccan Fund for Tourism Development), Korea Investment Corporation, National Investment and Infrastructure Fund of India, National Investment Corporation of National Bank of Kazakhstan, Nigeria Sovereign Investment Authority, Public Investment Fund (Saudi Arabia), Qatar Investment Authority, Russia-China Investment Fund, Russia Direct Investment Fund, “Samruk-Kazyna” JSC (Kazakhstan), Silk Road Fund, international financial organizations – Asia Development Bank, European Bank for Reconstruction and Development, International Finance Corporation (IFC) and the World Bank, and well-known private companies – Carlyle Group, (USA) Citigroup, (USA) Keppel Corporation (Singapore), Neuberger Berman (USA), Partners Group, (USA) etc.

Established in 2014 by the initiative of Korea Investment Corporation (KIC), CROSAPF provides a practical platform for co-investment and collaboration among asset owners, asset managers, and international financial organizations from various countries. The 2016 Summit will focus on topics such as the macroeconomic and political environment, the future of long-term investment management, trends in collaboration and co-investment, accessing opportunities in emerging markets, as well as funding the One Belt, One Road project.

The 2017 and 2018 CROSAPF Annual Summits are scheduled to be hosted in Dubai and Morocco by the Investment Corporation of Dubai and Ithmar Capital, respectively.

The Co-investment Roundtable of Sovereign and Pension Funds (CROSAPF) was established in 2014 as a practical platform for participants to identify, build trust, and successfully collaborate and co-invest with limited partners, general partners, investment banks, and corporations. The platform is a pathway towards promoting and facilitating co-investment for the ultimate prosperity of future generations.

Share news on social media

Follow us on social network

Finland's new president takes office

Ambassador: Slovakia is keen to develop cooperation with Azerbaijan

Azerbaijan reports 514 new COVID-19 cases in past month

12 dead in traffic accident in Far North region of Cameroon

Tesla faces 5,977 black workers in factory racism lawsuit

Azerbaijan, Romania mull cooperation agenda

Azerbaijan’s Defense Ministry: Engineering support measures are underway

Coordination Center for Grassroots Action issues communique to support Corsicans

Azerbaijan`s Minister of Energy, European Commissioner for Energy make press statement

Trump leading Biden in 7 swing states: Survey

Nobel Energy to develop solar power plant in Jabrayil

Albanian PM: Azerbaijani gas and Caspian region are crucial to our shared future

Azerbaijan to cooperate with Nobel Energy and Elecnor on solar energy projects

German delegation visits Alat Free Economic Zone

Mystery sea creature discovered in UK waters

Prime Minister of Albania Edi Rama completes working visit to Azerbaijan

Antalya hosts panel meeting on "Peace, development and connectivity in the South Caucasus"

President Ilham Aliyev had expanded meeting with Prime Minister of Albania VIDEO

Baku hosted 10th Southern Gas Corridor Advisory Council Ministerial Meeting and 2nd Green Energy Advisory Council Ministerial Meeting
President Ilham Aliyev attended the event VIDEO

Kadri Simson: We have made clean energy a key part of EU-Azerbaijan bilateral relations

President of Azerbaijan Ilham Aliyev held one-on-one meeting with Prime Minister of Albania Edi Rama VIDEO

® Another Azercell specialist has become the first in the cybersecurity competition

® Transfer your loans to Kapital Bank and benefit from more advantageous opportunities

Azerbaijani, Uzbek FMs discuss post-conflict situation in region

One in eight people are now living with obesity, study says

FC Qarabag’s Andrey Lunev gets Russian national team call up

Azerbaijani, Russian FMs meets in Antalya

Azerbaijani table tennis players claim two medals at WTT Youth Contender Algiers 2024

Azerbaijan, Pakistan discuss bilateral cooperation

From Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic

Azerbaijan, Burkina Faso hail their interaction within international organizations

Paul Pogba gets 4-year doping ban

Azerbaijan’s GM Mammadyarov advances in FIDE rating

Azerbaijan, EU to accelerate process of granting PMI status to Caspian-EU Green Energy Corridor

Minister: Kuwait ready for mutual cooperation with Azerbaijan as part of COP29

Turkish FM Hakan Fidan awarded the Golden Order of Friend of Azerbaijan

Azerbaijani FM meets with his Panamanian counterpart in Antalya

Foreign Minister: Azerbaijan, Kyrgyzstan explore broad prospects for cooperation in various domains

China to launch 2 crewed missions to space station this year

ANAMA: 1,941 unexploded ordnances neutralized over past month

Azerbaijan’s non-oil exports amounted to $222 million in January 2024

President of Kenya informed about Azerbaijan’s preparation for hosting COP29

President Ilham Aliyev: Hosting COP29 is a sign of our willingness to contribute our green agenda

Hikmet Hajiyev: We will convey Azerbaijan's vision of further development of peace and cooperation in the region to Diplomacy Forum participants VIDEO

President Ilham Aliyev received Minister of Environment and Energy Security of Italy VIDEO

TAQA’s potential support for Azerbaijan concerning operation of new solar and wind power plants discussed

Azerbaijan, Albania sign visa waiver agreement VIDEO

Azerbaijan, Saudi Arabia discuss desalination of seawater

Central banks of Azerbaijan and Saudi Arabia discuss cooperation

Azerbaijani Special Forces’ units and subunits fulfill special operations tasks

Azerbaijan, Türkiye discuss further expansion of cooperation in several areas

Azerbaijani oil sells for $87.51

President Ilham Aliyev received European Commissioner for Energy VIDEO

Antalya Diplomacy Forum gets underway

President: Financing of expansion of Southern Gas Corridor and any other project related to natural gas must be done in such a way as not to undermine our main target

President Ilham Aliyev: The Southern Gas Corridor is a really success story

Zambia declares state of disaster due to drought

Oil prices surge in global markets

President of Azerbaijan: We expect the beginning of natural gas production from the Azeri-Chirag-Gunashli next year VIDEO

President: Azerbaijan proved to be a reliable partner VIDEO

President Ilham Aliyev: Today's geopolitical situation in Eurasia proves exactly what we needed to do VIDEO

New smartphone concept ditches apps for AI

Remains of another toddler found in mass grave in Khojaly

AZERTAC-104: Azerbaijan’s Information Gateway to the World

Prime Minister of Albania Edi Rama embarks on working visit to Azerbaijan

Underwater volcano eruption 7,300 years ago is the largest in recorded history

Biden and party leaders implore Speaker Johnson to help Ukraine in ‘intense’ Oval Office meeting

CNN Arabic highlights Azerbaijan's Masazir Lake phenomenon

Azerbaijani female FIFA referees to control three matches of Euro U17 Women - Qualification - Round 2

Colombia to host global biodiversity summit in October

Ombudsman Office representatives visit military unit

Azerbaijani rhythmic gymnasts to compete in Gymnastic International 2024

New Azerbaijan Party delegation visits Türkiye

From Benjamin Netanyahu, Prime Minister of the State of Israel

Azerbaijani FM heads to Türkiye for working visit

Azerbaijan, Germany explore bilateral cooperation

Foreign Ministry: European Parliament’s report is part of smear campaign against Azerbaijan

Electricity tops list of non-oil products export in January this year

Azerbaijan, Morocco discuss prospects for transport cooperation

Baku to host 10th Southern Gas Corridor Advisory Council Ministerial Meeting and 2nd Green Energy Advisory Council Ministerial Meeting

Iranian satellite put into orbit via Russian launch: media

Foreign Ministry releases information about peace negotiations between Azerbaijan and Armenia in Berlin

Khankendi-Baku Ultramarathon: First leg reveals top performer

Russian expert: Macron bets on a dead horse in the person of Armenia, as he has no one else to bet on - COMMENTARY

Jinx of Khojaly genocide: An Expert Opinion

Milli Majlis condemns European Parliament’s annual report on the implementation of the common security and defence policy

Azerbaijan Air Forces’ UAV units carry out training flights

President Ilham Aliyev allocates AZN 8.1 million for extensive highway repairs in Sumgayit

Japan starts 4th ocean discharge of Fukushima nuclear-tainted wastewater despite opposition

9 missing in landslide in eastern Indonesia found alive

® "If you are not a successful person, you have no chance to be a successful businessman" - Jalal Kangarli

Azerbaijan, Saudi Arabia discuss tourism cooperation

Beijing selected to host 2027 track and field world championships

® Exclusive first loan opportunity from Kapital Bank

Competition schedule confirmed for 2025 Asian Winter Games

Azercosmos exports services worth $1.4 million to 42 countries in January 2024

Brazil sees record energy output from biomass in 2023

N. Korea wants Trump's reelection, will raise tensions until presidential vote: ex-German envoy

Road accidents kill 1,358 Ethiopians in 6 months

Central Bank: $80m worth of demand fully covered at FX auction