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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Italy, Qatar Fund in joint venture

Posted on 20 November 2012

The sovereign fund of Qatar and an investment fund backed by the Italian government have agreed to invest up to €2 billion ($2.55 billion) in Italian companies over the next four years.
In a joint statement, Italy’s Fondo Strategico Italiano SpA and Qatar Holding LLC said Monday they will equally contribute funding to a new joint venture, providing the firm with €300 million at its launch………………………………………..Full Article: Source


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