State-run Maharlika Investment Corp. (MIC)—which is targeting ₱25 billion in capital deployment this year—said it is performing in line with its mandate despite being one of the world’s youngest sovereign wealth funds (SWFs). This comes on the back of the recently published IE University...
“If you were handed ₱1.26 billion in fresh capital today, where would it first go?” That was the question the Manila Bulletin asked Maharlika Investment Corp. (MIC), the country’s first sovereign wealth fund manager. Inside the MIC’s boardroom, a capital allocation of ₱1.26 billion is...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has exited its bridge loan investment in Makilala Mining Co. Inc. (MMCI), generating an estimated 25-percent annualized return in peso terms while paving the way for additional foreign...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...