Kuwait Investment Authority

The Kuwaiti and Swedish investors bring the combined funds of Capital Constellation – which launched last year as a partnership between three LPs – to $1bn.

This week PEI is examining the Middle East – a region full of institutional capital. These are the five biggest that commit to private equity.

Sovereign wealth funds’ role in the private equity asset class – through funds and direct investing – will only go in one direction: up.

The London office of the Kuwaiti sovereign wealth fund has lost its alternatives head and sold a raft of European fund stakes amid a Brexit-inspired audit by head office.