What Do AMEX and a Sovereign Wealth Fund Have in Common?
Posted on 03/18/2014
Certares LP, Macquarie Capital, funds managed by Blackrock Inc and the Qatar Investment Authority (Qatar Holding LLC) are committing US$ 900 million to a business travel joint venture being spun off by New York-based American Express. The Qatar-based sovereign wealth fund will have a larger stake in the joint venture than the other investors. American […]