The Economic Times, 10 Apr 2009, Shailesh Menon
"From a couple of SWF investments till 2004 to more than nine funds with direct investments in Indian asset classes by end-March this year, the trend is growing. Some of the major SWF investments in Indian asset classes include Kuwait Investment Authority’s investments in Chryscapital and ICICI Venture Funds, Malaysia’s Khazanah Nasional’s 9.9% shareholding in IDFC, Government of Singapore’s 6.3% holding in Anant Raj Industries, the Palestinian Investment Funds’ 50% stake in the India-Oman Special Investment Fund and Temasek’s 8.3% and 5% equity shareholding in ICICI Bank and Bharti Airtel, respectively, according to a survey by London-based research firm Preqin."
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