Fondo de Ahorro de Panamá (FAP)
Transparency Rating: N/A
Firm Investment Style: N/A
Entity Structure: Fund
The Fondo de Ahorro de Panamá (FAP), Panama’s sovereign wealth fund was approved by lawmakers. It will be funded by revenue from an expanded Panama Canal. It would take effect after the canal’s $5.25 billion expansion is completed in 2014. It is starting at US$ 300 million.