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Sovereign Wealth Funds Briefing - Categorized | Investment

McClendon targets $1bln funds for new group

Posted on 06 June 2013

Aubrey McClendon, the controversial former chief executive of Chesapeake Energy, is attempting to stage a comeback by trying to raise $1bn in capital from private equity firms and sovereign wealth funds for his new company.
McClendon has approached several buyout firms and sovereign wealth funds about investing in AEP, said people familiar with his plans. It is not yet clear if any of them has committed capital to the company………………………………………..Full Article: Source


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