Sovereign Wealth Funds: The Emerging Supermen of Private Equity LPs

Posted on June 25, 2008

By Rajesh Begur, Partner, A.R.A. Law A sovereign wealth fund (SWF) is a state-owned fund composed of financial assets such as stocks, bonds, property or other financial instruments. While some SWFs have major economic and fiscal importance, others might not have significant role in fiscal management. But the major purpose of SWFs is to maximize long term returns.Origin: Most of the ...