Public Investment Funds, AI Digital Infrastructure, and Strategic Development Investing

Special event for the Sovereign Finance, Capital Markets, and Global Regulatory Challenges Seminar [Credit Course for NYU Law School and Stern MBA Degrees]

Tuesday, November 18, 2025

In February 2025 President Trump issued an executive order to establish a US sovereign wealth fund (SWF). As illustrated by recent $8.9 billion US investment in Intel Corporation and the approval of Ambler Road Project in Alaska, Trump’s US SWF is also focused on strategic AI and infrastructure investing. It is a global trend that public investment funds, collectively managing more than $30 trillion assets, are increadingly becoming the economic driver and policy tool for development.

Thanks to the latest Generative AI boom, digital infrastructure assets like data centers, cloud computing, and related energy projects attract long-term capital from SWFs and pension funds. These “new infrastructure” assets offers stable cash flows, supports global connectivity, and drives sustainable growth. In the global capital markets, how will these public investment funds evolve with the enegy transition and digital economy development agenda?

Speakers:

Albert Lee, Senior Portfolio Manager, Americas Infrastructure, APG Asset Management US Inc.

Timo Hellwig, Head of Representative Office North America, KfW IPEX-Bank GmbH

Winston Ma, CFA Esq. Executive Director and Adjunct Professor,

Global Public Investment Funds Forum, NYU School of Law (former MD of CIC)

Co-Conveners:

Law and Business Association (LBA), NYU School of Law

Graduate Finance Association (GFA), Stern Investment Management & Research Society (SIMR), Stern PE & VC Club, NYU Stern Business School

Time:

4:30 – 5:25 p.m. Sovereign Finance, Capital Markets, and Global Regulatory Challenges Seminar

5:30–6:30 p.m. Guest speaking by APG and KFW IPEX-Bank

Venue:

Vanderbilt Hall, Smart Classroom 216, NYU School of Law

40 Washington Square South, New York, NY, 10012

Related Readings:

Op-Ed: Technological Sovereignty with American Characteristics (Winston Ma @ Financial Times, October 2025)

Bloomberg TV Interview: US Pursuing Unconventional Sovereign Wealth Fund (August 2025)