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Showing posts with label Sovereign Wealth Funds. Show all posts
Showing posts with label Sovereign Wealth Funds. Show all posts

Saturday, November 1, 2008

Once bitten, twice shy

Private-equity firms are sitting on about $450 billion of “dry powder”—funds raised but not yet spent. And sovereign-wealth funds have assets of $2 trillion to 3 trillion, much of which is sitting idly in American Treasury bonds. Meanwhile, the IMF thinks American and European banks need $675 billion of new capital. Will the required fund flow take place?

Find out in this article.