| Yngve Slyngstad, chief executive of Norway’s oil fund, one of Europe’s largest investors, said Thursday that the fund would be ready to buy infrastructure around 2017 if mandated by the Norwegian parliament, but it would proceed more slowly than it did with real estate.
“We are signaling a relatively slow buildup,” Mr. Slyngstad told The Wall Street Journal in an interview. “It took a little bit more than a year from [when] we got the mandate to invest in real estate until we made our first investment, and that will clearly also be the case for infrastructure.”..............................................Full Article: Source
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