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Market participants said that domestic institutional investors' selling had capped recent gains.
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Some institutional investors remain concerned by the speed of Dubai's gains, however.
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However, private institutional investors appear to be more cautious about foreign shares.
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Opposition would have led other institutional investors to follow suit, Park said.
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The deal included an 18-year-loan syndicated to five institutional investors, SolarCity said.
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Large-cap stocks underperformed due to selling led by institutional investors, brokers said.
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Shapiro said institutional investors were seeking predictable cash flows and inflation protection.
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UK institutional investors tend to view any whiff of nepotism with suspicion.
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According to the daily the offer could be limited to institutional investors.
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Foreign investment banks would run the sale to institutional investors, he added.
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Pension funds and other institutional investors frequently lend stock to hedge funds.
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Its institutional investors include Sequoia Capital, General Catalyst Partners and Khosla Ventures.
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The presentation to institutional investors will be on Sept. 25, he said.
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Other shareholders in the exchange include brokerage firms, banks and institutional investors.
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That appears to have resonance with institutional investors and others, he said.
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The licensing process for foreign institutional investors may also slow fund inflows.
