28.08.2009 - Gulf SWFs look to international investment banks for M&A teams
From Efinancialcareers-gulf.com: Gulf sovereign wealth funds have been stretching their influence beyond the region this year and getting involved in a large number of global M&A deals. As a result, they're looking to recruit investment bankers with experience in international firms. SWFs in the UAE have been involved in M&A deals worth over $9.3bn in the first half of 2009, according to data from mergermarket. This accounts for 53.4% of the total number of deals conducted by SWFs globally..............Full Article: Source
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