Global Policy Advisors® LLC is a boutique sovereign wealth fund advisory to corporations, boards of directors, and institutional investors—including hedge funds, private equity firms, pension funds, and SWFs. The company was founded in 2005.

GPA provides advisory services at the intersection of law, policy, and finance. Our expertise is delivering actionable insights, strategy sessions, and executive briefings on the governance, operations, and investment strategies of sovereign wealth funds. Specifically, we focus on the institutional structures of sovereign wealth funds, SWFs in international affairs, sovereign wealth and shareholder activism, and SWF collaborations with hedge funds and private equity. Ultimately, we help clients understand and navigate the complexities of the SWF landscape. This page highlights some of our work and strategic guidance in these areas.

> Governance and Institutional Structures of Sovereign Wealth Funds

Overview: Effective governance is crucial for ensuring that sovereign wealth funds operate transparently and in the best interests of both their citizens and global partners. We analyze the best practices in governance structures, oversight, and accountability mechanisms, particularly in the context of SWFs’ complex international operations.

Relevant Projects:
"A Roadmap for Establishing a U.S. Sovereign Wealth Fund: Strategic Considerations and Governance" (2024, SWF 2050™ Report).
“Institutional Framework and Governance Structure of Sovereign Wealth Funds” (2024, Palgrave Handbook of Sovereign Wealth Funds).
“Sovereign Wealth and the Extraterritorial Manipulation of Corporate Conduct: A Multifaceted Paradigm in Transnational Law” (2017, Oxford Handbook of Sovereign Wealth Funds).

> Sovereign Wealth in International Affairs

Overview: SWFs are not only financial tools but also instruments of statecraft. Our work explores the intersection of SWF investments with geopolitics and global affairs, illustrating how these funds can serve as strategic assets for advancing national interests.

Relevant Projects:
“Wealth and Diplomacy: The Foreign Policy Dimensions of a U.S. Sovereign Wealth Fund” (2024, Yale Journal of International Affairs).
"Sovereign Wealth Fund Asset Allocation and Geopolitical Risk" (2024, SWF 2050™ Report).
"Analyzing the China Investment Corporation's Engagement under the Proposed Belt and Road Oversight Act" (2024, SWF 2050™ Report).
 "OPEC+ and Sovereign Wealth Funds: Exploring the Implications of Macroeconomic Coordination and Market Integrity" (2023, SWF 2050™ Report).
“Sovereign Wealth Funds, Transnational Law, and the New Paradigms of International Financial Relations” (2013, Yale Journal of International Affairs).

> Sovereign Wealth and Shareholder Activism

Overview: SWFs are active participants in global financial markets, often influencing corporate governance and market practices through shareholder activism. Our work covers the strategic role SWFs can play in promoting or challenging corporate behavior.

Relevant Projects:
“Sovereign Wealth Funds and Shareholder Activism: Applying the Ryan-Schneider Antecedents to Determine Policy Implications” (2013, Corporate Governance).
“Sovereign Wealth Funds and the Extraterritorial Manipulation of Corporate Conduct” (2017, Oxford Handbook of SWFs).

> Sovereign Wealth Collaborations with Hedge Funds and Private Equity

Overview: SWFs are increasingly focusing on diverse and high-risk investment strategies, including private equity. Our work provides policy recommendations to ensure that SWFs' investment strategies align with both financial goals and accountability/transparency interests.

Relevant Projects:
“Transparent Strategies for Sovereign Wealth Funds: Policy Recommendations on Private Equity” (2024, Chief Investment Officer).
"Revised Private Equity Strategy for Alaska Permanent Fund" (2024, SWF 2050™ Report).
"Norway's Sovereign Wealth, Private Equity, and the Transparency Challenge" (2023, SWF 2050™ Report).

> Sovereign Wealth and Ethical Investing

Overview: SWFs must balance financial returns with ethical considerations. Our work examines how SWFs engage with legal and ethical responsibilities, particularly regarding human rights, intergenerational equity, and social responsibility.

Relevant Projects:
“Sovereign Wealth Funds and Human Rights Protection” (2015, Research Handbook on SWFs and International Investment Law).
“Sovereigns, Socially Responsible Investing, and the Enforcement of International Law through Portfolio Investment and Shareholder Activism: The Three Models” (2014, Journal of International Law).

> Sovereign Wealth and Investment Law

Overview: Public pension funds, often linked to SWFs, must navigate complex legal and regulatory environments. Our work explores the intersection of SWFs, public pension funds, and investment laws and policies.

Relevant Projects:
“Divestment Laws, Fiduciary Duty, and Pension Fund Management” (2014, International Journal of Law and Management).
“Public Pensions, International Affairs, and Divestment Regulations: A Critical Analysis and Call for a Model Law” (2012, Pensions: An International Journal).
“Protecting Public Pension Funds from Divestment-related Lawsuits: Exploring the State Laws of the United States” (2011, Pensions: An International Journal).