Saudi King Salman Approves New Funds for PIF

According to a statement by Saudi news agency SPA, Saudi King Salman mandated the moving of 100 billion SAR (US$ 26.67 billion) to be moved from the country’s foreign reserves to the Public Investment Fund (PIF). The moved capital will be used to back local and overseas investments.


Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute
 
institutional investor investment mandates