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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Sovereign wealth funds and General Motors: This could get loud

Posted on 18 August 2010

From Investingdaily.com: Reuters reported this week that sovereign wealth funds (SWF) could top the wish-list of General Motors’ management as the reconstituted US automaker contemplates the mechanics of an initial public offering (IPO) of new shares.
The new GM is considering making “cornerstone” stakes available to very large institutions capable of holding for the long term and providing ballast against what are likely to be volatile stock market and operating conditions……………………………………….Full Article: Source


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