Angola's $5B sovereign wealth fund nearing African, global private equity-style deals

Luanda, Angola

Angola‘s fledgling sovereign wealth fund has identified direct investments in sub-Saharan Africa, and is poised to start deploying up to a third of the $5 billion it has been endowed by the government, its chairman said.

Jose Filomeno dos Santos said the fund had set up a series of special purpose vehicles to identify opportunities in commercial infrastructure, energy, mining, agriculture and real estate.

Read more: INTERVIEW-Angola's $5 billion sovereign fund nearing African, global private equity-style deals | Reuters.

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