Thu, Jun 30, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | People, Research, Trends

Middle Eastern sovereign wealth money still flowing, despite oil woes

Posted on 12 February 2015

The Carlyle Group’s David Rubenstein says that Middle Eastern sovereign wealth funds are making larger investments than ever before. Co-CEO David Rubenstein said during an analyst call that there has been a marked increase in commitments from sovereign wealth funds, including from Middle Eastern governments that are under fiscal pressure due to falling oil prices. Same goes for commitments from many Asian sovereign wealth funds that are facing domestic economic headwinds.
“The large sovereign wealth funds are now coming into the market… and making very very large commitments, larger than we’ve ever seen before” he said. “And I don’t think there is likely to be a diminution in that trend this year despite the fact that you may say, for example, “In the Middle East, because oil prices are down, won’t the sovereign wealth funds there be pulling back?’……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
June 2022
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930