Sovereign wealth funds complicating fund raising: Carlyle
The preference of sovereign wealth funds in the Middle East for direct investment has made fund-raising in the region complicated, according to private equity group Carlyle. Although private equity activity has been growing in the Middle East, fund raising appears to be a bit trickier because “a lot of the sovereign wealth funds which have money feel they are to some extent over-allocated in private equity," said Carlyle managing director David Rubenstein.
19 October 2010•2 mins read
