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Norway's sovereign fund seeks permission to invest in unlisted firms

Reuters  |  OSLO 

OSLO (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's largest, is seeking permission to broaden its investments to potentially include unlisted companies, the central bank, which manages the fund, said in a letter to the Norwegian finance ministry.A gradual build-up of unlisted stakes would most likely take place via investments in private equity funds or by investing alongside such funds, it said.The Norwegian fund has in the past lamented its inability to make early investments in companies that grow rapidly without a stock market listing, naming sharing-platforms Uber ...

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First Published: Wed, January 10 2018. 17:44 IST