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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

$10 bln Israeli sovereign wealth investment fund seeks to turn gas into gold

Posted on 25 January 2012

Glenn YagoIsrael is putting together a plan for a national investment fund that would put to work an anticipated natural gas bonanza to fuel both an export-geared economy and provide a nest egg of $10 billion in under a decade for future generations.
The proposed Israeli sovereign wealth fund is still in the planning phase, but officials have said some of the revenues would be invested in critical areas such as education and health………………………………………..Full Article: Source


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