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Qatar SWF Has Possible Interest in Paris Saint-Germain Football Club

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Sovereign wealth funds are no strangers to European football clubs. Football clubs present an attractive investment opportunity for strategic sovereign funds, as it gives them exposure to advertising and entertainment sectors. The Libyan Investment Authority used to own a part of the Juventus club.

In June 2009, Colony Capital bought out Morgan Stanley’s interest in the French football team, Paris Saint-Germain (PSG). Colony Capital is now looking to sell its holding in Paris Saint-Germain. They are looking to sell their 95.8% stake in the club.

One potential suitor is the Qatar Investment Authority. It is rumored that the proposed deal figure is around €50 million. Not to also mention, the Emirates Group is an official partner of PSG and has renewed its team sponsorship until the 2013-2014 season.

Qatar will be hosting the 2022 FIFA World Cup. Qatar is the first GCC nation to host a World Cup.

Why Did Virtus Investment Partners Buy Sustainable Growth Advisers?

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On February 2, 2018, Virtus Investment Partners, Inc. revealed they acquired a 70% interest in Stamford, CT-based Sustainable Growth Advisers, LP, a high-conviction U.S. and global growth equity portfolio management company, from private equity firm Estancia Capital Management and a portion of equity held by the asset manager’s partners (including Sustainable Growth Advisers’ three co-founders). Scottsdale, Arizona-based Estancia Capital Management bought a minority interest in Sustainable Growth Advisers in August 2013 when it had US$ 5.3 billion in assets. Estancia Capital Management is noted for having a number of partners being from Lovell Minnick Partners LLC, a private equity firm specializing in asset management company buyouts.

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HKMA and TRS Participates in Investment in Kakao Mobility

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Private equity firm TPG led a group of investors to acquire a minority ownership stake in Kakao Mobility Corporation, a South Korean taxi hailing service provider. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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Meraas Holding Names Former KIO Executive as CEO

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Osama Al-Ayoub, the former CEO and President of the Kuwait Investment Office (KIO), was hired by property firm Meraas Holding to be its chief executive officer. KIO is a London-based unit of the Kuwait Investment Authority (KIA). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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