The global financial crisis of 2007-2009 led to sovereign debt crises in Europe, prompting new regulations and government interventions in financial markets. Sovereign Wealth Funds (SWFs) are becoming more important players in international finance, raising concerns about their impact on market stability. Interviews with SWF stakeholders from various countries shed light on the evolving role of SWFs and the need for multilateral governance of financial markets to address these changes.