Libya in talks to buy Dubai's stake in Tunisie Telecom: sources

DUBAI (Reuters) - A unit of Libya's sovereign wealth fund is in talks to buy a 35-percent stake in state-owned Tunisie Telecom from a conglomerate owned by Dubai's ruler, three sources aware of the matter said.

Libya wealth fund cash to finance reconstruction

DUBAI (Reuters) - Some of the over-large cash component of Libya's $65-billion sovereign wealth fund will be put to work financing post-Gaddafi reconstruction, leaving time for a full review of its less liquid investments.

Goldman Sachs Lost 98% of Libya’s $1.3B Sovereign Wealth Fund Investment

As civil war roars on in Libya and Colonel Muammar Gadhafi vows to remain in power, reports surfaced that the Northern African country entrusted $1.3 billion through its sovereign wealth fund to Goldman Sachs in 2007, of which the investment bank lost approximately 98%, sparking the ire of Libyan officials. The fascinating drama includes Goldman offering Libya preferred equity and debt which could’ve made it one of the investment bank’s largest shareholders during the onset of the crisis, as well as intimidation and violent threats by Libyan officials.

Italy warns of issues if Libya pulls investments

Italy warned Friday that the unrest in the Arab world could result in a "destabilizing" dismantling of their sovereign fund investments in the West.

Treasury Minister Giulio Tremonti didn't specify Libya or its sovereign wealth funds by name in comments to a conference in Istanbul. But Italy has a lot to lose if the Libyan Investment Authority were to be shuffled amid the escalating fighting.