Citi sued by Abu Dhabi fund
As if Citigroup (C) didn't have enough problems: It is being sued by the Abu Dhabi Investment Authority after the sovereign wealth fund invested $7.5 billion in the bank two years ago, when the stock
Mid-east SWFs bullish again?
Mid-east sovereign wealth funds are said to be prowling again for Western investments. It's quite likely that they sense a market bottom for some industries. Recent investments include automakers and
SWFs to get more active with portfolio companies?
Fairly or not, the world tends to view sovereign wealth funds as shadowy operations, which prefer to stay out of the limelight. But is that about to change? The Telegraph reports that Temasek, the
Private equity to take the financial plunge?
Private equity funds have not made a major foray into the financial services universe. They tend to stay away from highly
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