Libya’s Unity Government Appoints New Wealth Fund Leadership

  • Fund had grown to be Africa’s second-largest under Qaddafi
  • Split at top of investment authority had imperilled lawsuits

Libya’s government appointed a steering committee to head the country’s $60 billion sovereign wealth fund, where rifts have hindered efforts to unite financial institutions in the fractured North African oil exporter.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.