Kuwait Fund Made 40% Return on Blackrock, Chief Says
Posted on 02/01/2010
Bloomberg reports, “Kuwait Investment Authority, the emirate’s sovereign wealth fund, made about a 40 percent return on its $750 million investment in BlackRock Inc.’s capital increase in May, the fund’s chief Bader al-Saad told the Al- Arabiya TV channel in an interview in Davos. The sovereign wealth fund also was among a group of investors […]
