Saudi Arabia Plans to Launch U.S. $5.3 Billion SWF
Posted on 04/28/2008
Saudi Arabia’s Public Investment Fund (PIF) is in the final stages of launching. The PIF will not have a major financial commitment compared to other Gulf sovereign wealth funds. In addition the PIF will have a domestic focus. Mansour Al-Maiman who is the secretary-general of the PIF stated an investment company wholly-owned by PIF would […]
