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Norway's $1 Trillion Fund Wants to Invest in Private Equity

  • Wealth fund says private equity would mean higher returns
  • Decision on private equity will be made by government
Updated on

Norway’s $1 trillion wealth fund said allowing it to invest in private equity would boost returns and spread risk to a broader range of companies. 

In response to a request by the Norwegian Finance Ministry, the fund on Wednesday said given its size and long-term outlook it was “well-suited” to invest in unlisted equity.