| The aggregate dollar amount of sovereign wealth fund capital toward private equity and private markets is expanding rapidly, according to data from the Sovereign Wealth Fund Institute (SWFI). SWFI researchers estimate, as of June 2015, US$ 415.36 billion was allocated to private equity, this includes direct stakes in private companies, not just interests in private equity funds.
By calculating June 2015 total sovereign wealth fund assets, private equity makes up around 5.7% of all SWF assets. Despite falls in oil and commodity prices, sovereign funds continue to grow and build up exposure to private equity assets. Many of these institutional investors are driven by harvesting the illiquidity premium...............................................Full Article: Source
|