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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Libya’s hidden billions could fund reconstruction

Posted on 24 February 2011

From Arabianbusiness.com: Libya’s secretive sovereign wealth fund could hold the key to any post-conflict reconstruction and future economic development with its $70bn 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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