Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

As Dubai crisis unfolds, quick answers unlikely

Posted on 04 December 2009

From Nytimes.com: Even though Dubai did not have any consistent revenue to seed a sovereign fund, Dubai World began its own version of a government investment entity in Istithmar.
Unlike cash-rich funds in the region, Istithmar used debt and a fair amount of swagger to transform an initial $2 billion cash stake from Dubai World into a $15 billion entity that in its outlook and approach was more a private equity fund than a sovereign fund……………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14980 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031