02.01.2014 - Top 10 sovereign wealth fund game-changers of 2013
Overall, institutional investors fared well in 2013, performance wise. 2013 was a boon for sovereign wealth funds and pensions with allocation to developed market public equities. On December 31, U.S. stocks closed 2013 at records. Sovereign funds are stepping up commitments to specialist funds and regional private equity funds. The mega PE players are raising larger funds reminiscent of 2007, just look at the recent KKR and Blackstone fund raises in 2013. The other apparent trend is that public funds are looking to limit the number of PE relationships, which could greatly affect mid-sized to smaller private equity firms...............................................Full Article: Source
Print