Frederic Marino is not the sort of man you might envisage Colonel Muammer Gaddafi approaching for investment advice.
The mild-mannered Frenchman does not seem particularly revolutionary. But he is fast becoming something of a kingpin in Tripoli’s investment community.
EDITOR’S CHOICE
Doughty buys Candover’s Equity Trust - Sep-10
Dubai World agrees terms with creditors - Sep-10
Goldman swallows £17.5m of humble pie - Sep-09
3i set for lucrative return with sale of pump-maker - Sep-09
The managers of the Libyan Africa Investment Portfolio – a $6bn (£3.9bn) sovereign wealth fund set up by the Libyan government – have entrusted the former Merrill Lynch and Bear Stearns trader with a few hundred million dollars to launch a series of funds on their behalf and train young Libyans in the ways of investing. Additional cash commitments from the LAI are expected if Mr Marino’s firm is a success, he says.
No comments:
Post a Comment