> Can you elaborate how big the effective political risk is? I always thought LP commitments are pretty binding
The risk isn’t the Saudis pull out. It’s that their investment brings adverse attention from the President, the Congress, aspiring Senators and advocacy groups. A foreign state investor is scarier to most Americans than a foreign private entity.
The risk isn’t the Saudis pull out. It’s that their investment brings adverse attention from the President, the Congress, aspiring Senators and advocacy groups. A foreign state investor is scarier to most Americans than a foreign private entity.