January 3, 2023
Led by the Gulf region, sovereign wealth funds (SWFs) deployed $152.5 billion (Dh560 billion) worldwide in 2022, an increase of 38 per cent from the previous year. Gulf sovereign wealth funds (SWFs) will likely continue to be very active in 2023 in Europe and North America to invest in private equity firms and to fund distressed portfolios, says a new report. According to Global Sovereign Wealth Fund’s latest report, the Middle Eastern SWFs manage $4.8 trillion in financial capital and 12,000 employees. Though 2022 was a challenging year for investors due to geopolitics, high inflation and a jump in interest rates, sovereign investors were able to deploy more capital than ever, according to Global Sovereign Wealth Fund’s latest report.
Read the original article in Zawya: Gulf SWFs to remain very active in Europe, US in 2023