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Sovereign Wealth Funds: Supporting Long Term Economic Growth

Dr Carole Nakhle, CEO of Crystol Energy, spoke on Sovereign Wealth Funds: Supporting Long Term Economic Growth at the 8th Atlantic Council Summit that took place on April 27-28, 2017 in Istanbul. Mehmet Şimşek, Deputy Prime Minister of the Republic of Turkey opened the session, while Andrea Montanino, Director of the Global Business and Economics Program at the Atlantic Council, led the discussion.

SWF
Commodity-derived funds (oil, gas and minerals) accounted for nearly 60 percent of the total value of assets held in SWFs in 2015. (Nakhle, 2016)

Other keynote speakers of the summit included:

  • Recep Tayyip Erdoğan, President, Republic of Turkey
  • Fatih Birol, Executive Director, International Energy Agency
  • Stephen Hadley, former National Security Advisor to President George W. Bush; Principal, RiceHadleyGates LLC; Executive Vice Chair, Atlantic Council
  • James Jones, former National Security Advisor to President Barack Obama; President, Jones Group International; Chairman, Brent Scowcroft Center on International Security, Atlantic Council
  • Mohammed Saleh Al Sada, Minister of Energy and Industry, State of Qatar

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