Friday, December 6, 2024
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Inside Bahrain’s Sovereign Wealth Fund Mumtalakat – Institutional Investor

by Jess Delaney, Institutional Investor

Like a young Temasek in its first decade of existence, Mumtalakat’s mandate is to play the role of a state entrepreneur, to make investments in related companies and infrastructure to help build the domestic economy — a role that Bahrain’s nascent private sector is unable to undertake,” says Ravi Shankar Chaturvedi, a research fellow at Tufts University and author of an academic case study of the fund. Both entities tap global bond markets for financing and were created to turn around state-run businesses and attract investment to diversify their domestic economies, he adds.

Read the full article featuring Ravi Shankar Chaturvedi at Institutional Investor

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