Re: Saudi money

I have been called in to help on a big NYT invest=gation into how low oil prices have been effecting the personal finances o= royal family in Saudi Arabia. Obviously they called in much of their cash=from the likes of BlackRock and others but I thought you might have some i=eas. Maybe some people to talk to?

real e=tate in Paris, Istanbul, London.

I would thin= its more than cutting down on yachts and private planes or selling

Any thou=hts?

PS: does my story on Abraaj get me a=meeting with Gates next time he is in
town:)

Landon Thomas, Jr. is a Financial Reporter for the New York Times.

http://topics.nytimes.com/top/reference/timestopics=people/t/landon_jr_thomas/index.html
http://topics.=ytimes.com/top/reference/timestopics/people/t/landon_jr_thomas/index.html

words that you to refer to one=thing, USA . the stock market / the Royal fa=ily, . are no longer very useful. 4>=A0 In politics the USA meant the white house.,=A0 now there is pentagon. cia, state, and congress in addition,Q=A0 each feels empowered to act more independantly. =C2* stock market even in tech, needs bio t=ch, consuner tech. infrastrucrue tech. etc. =C2* same with Royal family, there are 20k member= of a tribe. called the royal family, the wo=ds are misleading. if your article is focuse= on bin salman, or the very top. no one is wonderi=g where they can find the local costco.. but=they are aware that a message needs to be sent to their population , regar=ing the next 20 years,

soci=l media, and the selfie crowds post the best of everything,*=A0 their cutest pictures the amazing food , =he luxury resorts. the masses see these thin=s and as the difference between expectations and reality widen= the anger grows. trump has tapped in.=C240

with the passage of the 9 1= saudi bill, unlike the french revolution where it was t=e people of france that revolted against their own aristocracty, 40=A0 with the internet and globalization of discontect it is now the a=ericans that can revolt against the saudi leadership. 40=A0 it is the americans that are demanding women drive..C24, not the saudis

Inte=esting. CEO of big finance form told me that Saudis (SAMA) have withdrawn =200 billion that has been parked with usual suspects over past year or so.=That number seem in line with what you know?

most of=the saudi money is tied up in pe funds. no withdrawals a=lowed . and im not seeing much in the secondary market. . blac=rock is more money market , more like custodian than investor .

what is your =ack of the envelope guess as to much saudi money tied up in such funds?.=A0

sorry, no good handle without digging

I have spoken to a lot of ceos of fund outfits who sa= Saudis have been pulling billions of dollars in separate account money ••=not just from BR. And plus I cant believe they would have so much tied up =n lock ups.

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