Friday, November 16, 2007

AMD sells 8.1 pct stake to Mideast firm - Yahoo! News

Up until now, sovereign funds have been investing mainly in PE-types of investments...ports, real estate, huge infrastructure and so on.

But pretty soon, all those countries holding mountains of US dollars will begin to look for other assets in which to invest.

Enter the tech sector.

Looks like AMD is getting ahead of the curve. But what will be more interesting is when sovereign funds get into the local VC game.

AMD sells 8.1 pct stake to Mideast firm - Yahoo! News

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