SWFs to cover bank shortfall for private equity?

Not content with buying up sizable stakes in the big investment banks, sovereign wealth funds could now take their business as well.

One of private equity's most high-profile figures has said that the industry is eschewing investment banks, its traditional funding source, in favour of sovereign wealth funds.

Guy Hands, the chief executive at Terra Firma, a private equity fund, has said that the likes of Blackstone, Carlyle Group and Kohlberg, Kravis, Roberts - three of the biggest vehicles -

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: