 | ||
Michael Maduell is president of the Sovereign Wealth Fund Institute.
Contents
Early life
Michael Maduell was born in San Leandro, CA. Maduell went to high school at Rocky Mountain High School in Fort Collins, CO. Maduell is a graduate of California State University, Sacramento and of Saint Mary's College of California.
Career
He has worked at the California Public Employees' Retirement System and Reuters. He founded the Sovereign Wealth Fund Institute, with Carl Linaburg. Maduell is a leading researcher, commentator and advisor in the sovereign wealth fund, public pension space.
Economic and financial commentary
Michael Maduell commented on Temasek Holdings advancement of acquiring energy companies. He stated in CFO Insight, "This is a long-term investment in a major energy company that is currently discounted due to the YPF nationalisation [Repsol’s subsidiary in Argentina, eds.]."
During the Libyan revolution, CNN Money interviewed Michael Maduell on Gaddafi's influence on sub-Saharan Africa and Libya's sovereign wealth fund. Maduell argued Gaddafi remained in power for so long because "Gadhafi is providing support where there is none."
In 2013, policymakers and thinktanks were discussing ways to improve the U.S. economy, leading to the idea of creating a federal sovereign wealth fund. Maduell told CNBC in an article that creating a Norwegian-like wealth fund would trigger "a heated debate between the federal government vs. state governments over resources," Maduell added. "The politics would be paralyzing, which is why it hasn't been done yet."