Norway Holds The Line On Private Equity, Now What?
Posted on 04/12/2024
Norges Bank is forbidden to make private equity investments by order of the government. Norges Bank had suggested using 5% of portfolio assets for the class. However, Finance Minister Trygve Slagsvold Vedum had doubts about fees, transparency, and other factors. He shut down any possibility for now, but added the government would “continue to consider…