May 30, 2014
Is there an SWF in your future?
<p>Sovereign wealth funds are becoming more transparent and upping in-house management – but they remain elusive for many IR teams</p>
When Visa was on the runway for its IPO in early 2008, the bankers running the deal suggested meeting with sovereign wealth funds (SWFs) in the Middle East where they detected substantial interest. But they advised the global credit card giant to follow a two-step