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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

No deal on Alinta rescue

Posted on 20 September 2010

From Businessspectator.com.au: The Australian reports that the Future Fund made a behind-the-scenes intervention in the negotiations after it was revealed that the sovereign wealth fund has million of dollars tied up in Alinta through investment mandates held by Sankaty, York and Oaktree Capital.
The newspaper said the Future Fund was concerned that funds acting on its behalf could take actions that would result in one of the country’s largest energy companies being placed in voluntary administration……………………………………….Full Article: Source


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