| 14.11.2011 - Libya wealth fund cash to finance reconstruction |
| Some of the over-large cash component of Libya’s $65-billion sovereign wealth fund will be put to work financing post-Gaddafi reconstruction, leaving time for a full review of its less liquid investments. “I expect an immediate shrinkage of the size of the fund,” Rafik Nayed, acting chief executive of the Libyan Investment Authority (LIA), said...............................................Full Article: Source |