Entries tagged "private capital sympsium"
At The Deal's Fifth Annual Private Capital Symposium, Gary Parr, vice chairman at Lazard, spoke about the rise of sovereign wealth funds. In the last eight months, sovereign wealth funds have invested over $110 billion in institutions because the institutions needed the capital, Parr said. "Many of these investments were in both American and foreign financial institutions. This is because they can put a sizable amount of capital to work immediately," he said....
