The liquidity crisis in the global financial community has been a constituent part in pushing sovereign wealth funds into
a glare of publicity. Recent high profile investments made by sovereign wealth funds into leading US and European banks and
some of the larger global private equity funds has generated discussion, courted controversy and raised hopes within
the global investment community.
Commentators have expressed concerns about the transparency of sovereign wealth funds, their investment strategies, their size and whether their investments may be affected by political objectives. At the same time, concerns have been raised about the potential for protectionist restrictions being imposed on sovereign wealth fund investment, which could in turn restrict the international flow of investment capital.
Norton Rose LLP, together with the Emerging Markets Private Equity Association (EMPEA) have conducted a survey to canvass opinion from sovereign wealth funds and also from the private equity industry, financial institutions and corporates. The survey was also undertaken to support an enhanced understanding of the role of sovereign wealth fund operations in the private equity landscape.
This publication is written as a general guide only. It is not intended to contain definitive legal advice which should be sought as appropriate in relation to a particular matter.
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