Libya: Questions loom for Libya’s sovereign wealth investments
13.12.2011
As Libya’s liberators come to terms with how to rebuild the country, three paths are emerging for the riches held in its sovereign wealth fund, according to a new report from international political consulting firm GeoEconomica GmbH. The question becomes what’s next for the nearly $56 billion that was invested under the Gadhafi regime. In the report GeoEconomica analysts Sven Behrendt and Deen Sharp predicts that the fund will either: evolve into a strategic investment vehicle, carry on with its traditional mandate as a savings fund for future generations, or (perhaps most likely) be liquidated as competing interest groups battle over Libya’s political and economic future.