Zug News

Jose Filomeno de Sousa dos Santos, Chairman of FSDEA

Angola sovereign wealth fund FSDEA says half of investments in private equity

Angola’s sovereign wealth fund said it put more than half of its investments in private equity funds focused in the country and across sub-Saharan Africa last year, describing its performance as “solid,” particularly in light of the global economic turbulence.

Jose Filomeno de Sousa dos Santos, Chairman of Fundo Soberano de Angola, Angola's sovereign wealth fund

Angola's $55B sovereign wealth fund seeks mine, timber, health & agriculture investments: Jose Filomeno de Sousa dos Santos, Chairman of Fundo Soberano de Angola

Angola’s $5 billion sovereign wealth fund is seeking investments in mining, timber, health and agriculture in order to diversify its asset base and increase returns.