Here now, the news:
90% of SWFs that invest in infrastructure do so on a direct basis. That’s a shockingly high statistic, me thinks – it underscores the bewildering array of agency problems with infrastructure funds.
Norway SWF is apparently looking to allocate more capital to Middle East.
My Arabic readers tell me that this news story says the Kuwait Investment Authority is providing scholarships for 20 Kuwaitis to get MBAs at top universities around the world. Cool.
Blackstone may win another big commitment -- this time from Calpers.
India will finally decide -- this week apparently -- whether it will actually set up a new SWF. (Seeing is believing)
SOFAZ expects to have roughly $180 billion in ten years time (up from $30 billion).
Norway’s SWF sells down Euro debt.
