Happy New Year 2008!
Looking back, 2007 was the year of Sovereign Wealth Funds. With Investment banks still announcing massive write-downs owing to subprime mortgage crisis, Sovereign Wealth Funds did a great job in amassing significant stakes in major global investment banks. With investing over $20 billion alone in the fourth quarter of 2007 in western financial arms, the funds have scooped up stakes in Citigroup, Merrill Lynch, Morgan Stanley, UBS, Bear Stearns, Barclays, HSBC, Carlyle Group and Blackstone. Here's my compilation of the prominent deals done in later half of 2007:
| Bank | Investment amount | Acquirer | %age Stake |
| Merrill Lynch | $4.4B | Temasek Holdings (Singapore) | 9.90% |
| UBS | $9.75B | Govt. of Singapore Investment Corp. | 9.00% |
| $1.77B | Undisclosed Stategic Middle East investor | 1.80% | |
| Citi | $7.5B | Abu Dhabi Investment Authority | 4.90% |
| Morgan Stanley | $5B | China Investment Corporation | 9.90% |
| Bear Stearns | $1B each | Citic Securities (China) | - |
| Barclays | $3B | China Development Bank | 3.10% |
| $2B | Temasek Holdings (Singapore) | 1.77% | |
| Blackstone Group | $3B | China State Investment Company | 10% |
| HSBC | Undisclosed | Dubai International Capital | Undisclosed |
| Carlyle Group | $1.35B | Mubadala Development Co. (Abu Dhabi) | 7.50% |
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