Middle Eastern sovereign funds reshape private equity: Blackstone CEO
Building savings and increase emergency funds

Stephen A Schwarzman, chairman, CEO, and co-founder of Blackstone, noted at a panel session on “A new global growth story” at the Qatar Economic Forum that Middle East sovereign funds have revolutionized capital and providing capital for all kinds of different projects, investments, funds and co-investments. Schwarzman mentioned that it is one of the most vital parts of the world because the amount of money that needs to go into the individual countries is less than the amount of income that keeps increasing the scale of the funds.