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

Libya’s hidden wealth may be next battle

Posted on 04 March 2011

From Nytimes.com: As the battle for Libya rages on, the struggle over control of the country’s sovereign wealth fund and its $70 billion in assets has just begun.
With a sizable pot of ready cash and stakes in a few elite European companies — including the British publisher Pearson and the Italian soccer club Juventus — the fund served as an emphatic calling card for its founder, Seif al-Islam el-Qaddafi, a son of the Libyan ruler who was once regarded as the reformer in the family…………………………………….Full Article: Source


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