This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

The U.S. sovereign wealth fund is paradise

In a satirical blog post on Wall Street Oasis on a day in the life of a “US sovereign wealth fund employee”, the author writes: By 8:30am, I’m at my desk in the Eisenhower Executive Office Building, surrounded by former Goldman guys who rebranded as “patriotic investors.” Our mandate? Deploy $1 trillion of taxpayer money into “high-priority national interests.” In reality, we’re LARPing as PE bros while writing checks to companies with more lobbyists than revenue.

At 11:30 PM, I close my laptop and stare at the framed photo of Teddy Roosevelt in my office. I realize I’m no longer just a finance guy—I’m a statesman.

Tags

us, asset management, swf