Libya’s Sovereign Wealth Fund Sues Goldman Sachs
Libya’s sovereign wealth fund is suing American multinational investment bank, Goldman Sachs for what it considers deliberate exploitation of Advisory…
Sovereign wealth
887 articles found
Ex-Cinven exec joins Abu Dhabi deal team
Abu Dhabi Investment Authority has become the latest large investor to bolster its direct dealmaking team with the hire of…
Noonan rejects €500m offer from Gulf investor for stake in AIB
The Government rejected a €500m approach to buy a stake in AIB from a Gulf-based wealth fund without even asking…
Abu Dhabi’s sovereign wealth fund is world’s second largest
Abu Dhabi’s sovereign wealth fund, the Abu Dhabi Investment Authority, is the world’s second largest in terms of overall assets,…
Bahrain's Mumtalakat eyes new investments as portfolio improves
The finances of Bahrain's sovereign wealth fund Mumtalakat are improving, allowing it to look for new investments more agressively this…
Old Mutual AM appoints Head of Middle East Sales
Old Mutual Asset Management,have announced that Richard Souri has been named Senior Vice President and Head of Middle East Sales,…
Qatar fund in talks to invest $200 million in Indian property
Qatar fund in talks to invest $200 million in residential property in India, a source with direct knowledge of the…
Reform Moves Raise Fund Managers' Optimism
Firms welcome initiatives aimed at opening markets to greater foreign participation and bolstering governance and transparency. When it comes to…
Citigroup can't block Abu Dhabi arbitration over $7.5 billion stake
A U.S. judge has rejected Citigroup Inc's effort to block the Abu Dhabi Investment Authority from seeking a second arbitration…
Abu Dhabi, Singapore wealth funds invest in trophy property
Abu Dhabi and Singapore’s sovereign wealth funds will join developer Related Companies to acquire the Manhattan headquarters of media group…
Qatari sovereign wealth fund among BlackBerry rescue party
A Qatari sovereign wealth fund has been identified as one of a number of backers to buy into failing flailing…
Panel To Issue Sovereign Sukuk Formed
Oman government has formed a working committee to issue sovereign Islamic bond or sukuk, in a move to fund infrastructure…