12.02.2013 - Global expansion puts Qatar's debt in spotlight
In recent years, Qatar Holding has emerged as one of the world's most dynamic sovereign wealth funds, buying trophy assets such as Harrods in London and more recently playing kingmaker in the vast merger of Xstrata and Glencore. While the government and members of the ruling family have invested through different vehicles, Qatar Holding has made the lion's share of publicly-disclosed investments. Acting more like a hedge fund than the traditional perception of a sovereign wealth fund, bankers familiar with Qatar Holding say that the state-backed fund does few deals without a loan to pay for the acquisition...............................................Full Article: Source
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