The Norwegian Government Pension Fund’s Potential for Capturing Illiquidity Premiums

onsdag, 20 august 2014

The Norwegian ministry of finance has asked us to investigate the possibilities for the Government Pension Fund Global (GPFG) to profit from liquidity premiums in illiquid investments. Can a large investor with a long horizon, limited short term liquidity needs and high risk bearing capacity, such as the GPFG, profit from these liquidity premiums?