14.10.2009 - As private equity falters, wealth funds pick up the slack
From Thenational.ae: Sovereign wealth funds will play a bigger role in the region’s private-equity deals as funding sources are squeezed, the head of a major international private-equity group said yesterday. David Rubenstein, the managing director and co-founder of the Carlyle Group in the US, said sovereign funds will use large cash positions to acquire stakes in private companies. Carlyle is partly owned by Mubadala, Abu Dhabi’s strategic investment arm.......................Full Article: Source
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