Here now, the news:
- Italy’s Deputy Economy Minister Vittorio Grilli is off to meet the CIC.
- ADIA continues to build out its private equity team. Hiring a new PE COO = more direct investments.
- SA’s Public Investment Corporation is shifting from ‘black empowerment’ investments to ‘developmental’ investments.
- The KIC is among the buyers of EIB’s ‘green’ bond.
- FT reports on some creative seeding by CIC.
- Medvedev: “...to ensure the predictability of economic policies and improve fiscal discipline it is necessary to put in place a clear fiscal rule that specifies the maximum amount of state deficit and debt, as well as the procedure for the formation and use of the Reserve Fund and the National Welfare Fund. Such a rule will come into force early next year.”
