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Only the United States has a bigger fund industry.
A bigger fund (and the social pact) should soften worries about Spanish sovereign debt, at least for the time being.
It is among the few European private-equity firms to have raised a bigger fund since the downturn.
Germany, as the key player, is resisting calls from Christine Lagarde, the IMF chief, for a bigger fund.
In those cases, a bigger fund should lead to economies of scale which can be passed on to clients in lower fees.
"The Saudis, I think, will contribute so we can have a bigger fund worldwide," Reuters quoted Mr. Brown as telling reporters in the Saudi capital, Riyadh, after weekend meetings with King Abdullah and Saudi businessmen.
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That might mean more QE, purchases of other assets or a bigger "funding for lending" scheme, which aims to lower lending rates to the real economy.
Wu required $5,000 to carry out preliminary research for a bigger funding application, but was told she was too junior to apply for money.
Suspicious claims are perhaps inevitable whenever a big fund is set up after a natural disaster.
He has a wide range, a big fund of ideas and tremendous directorial flair.
BlackRock, a big fund manager, has already asked the government to approve "non-transparent" ETFs with looser disclosure rules.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com