money managers

Kuwait sovereign fund chief says he’s worried about private equity

KIA Managing Director Sheikh Saoud Salem Al-Sabah tells Qatar Economic Forum he's concerned about deals being underwritten at inflated values

Screenshot

Kuwait Investment Authority's Sheikh Saoud Salem Al-Sabah at the Qatar Economic Forum

Amid the influx of private equity firms to the Gulf’s financial capitals, the head of Kuwait’s $1 trillion sovereign wealth fund says the industry must be handled with caution.

Speaking at the Qatar Economic Forum in Doha Wednesday, Sheikh...