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Sovereign Wealth Funds Briefing - Categorized | Market

Secretive Libya wealth fund vital for reconstruction

Posted on 23 February 2011

From Reuters: Libya’s secretive sovereign wealth fund could hold the key to any post-conflict reconstruction and future economic development with its $70 billion in assets including lucrative stakes in Western firms.
Given escalating unrest in Libya, a possible end to Muammar Gaddafi’s 41-year rule is likely to shake the foundations of the politically driven fund, but any new government could put the cash to good use and manage the fund more efficiently………………………………………..Full Article: Source


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