Layout:

Saudi Arabia Takes Gaming Seriously with Massive Acquisition

6th April, 2023

Savvy Games, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), continues its focus on the gaming industry with a US$4.9 billion takeover of Scopely, which owns several popular franchises.

Subscriber Post

Israel’s New SWF Struggles to Meet AUM Target, But Reports Strong Yield

5th April, 2023

Seven months after it was launched, the Israel Citizens' Fund (ICF) accumulated just US$617 million by end-2022, according to the Ministry of Finance.

Subscriber Post

PIF Boosts Saudi Home Ownership

20th March, 2023

Saudi real estate has received a US$1.5 billion boost from the Saudi Real Estate Refinance Company (SRC), the debt platform established by the Kingdom’s sovereign wealth fund in February 2018 to accelerate economic diversification.

Subscriber Post

Sovereign Investors Hit By Banking Stocks Turmoil

16th March, 2023

The sovereign investor universe is being pummelled by the turmoil in the trade of banking stocks on global markets, revealing yet again doubts over strategy that had previously been highlighted in crypto-related investments.

Subscriber Post

PIF Leverages Portfolio Companies to Crowd In Saudi Private Sector Activity

15th March, 2023

Saudi Arabia’s private markets are set to receive a boost from the Kingdom’s sovereign wealth fund, with plans designed to increase the role of the domestic private sector from 40% to 65% of GDP by 2030.

Subscriber Post

PIF Launches New Saudi Airline as Diversification Picks Up Pace

13th March, 2023

Saudi Arabia’s Public Investment Fund (PIF) has firmed up its new airline plan, outlined last September as “RIA”, with an official launch of Riyadh Airlines and an aircraft order valued at US$35 billion.

Subscriber Post

PIF Gaming and E-Sports Acquisitions at Breakneck Pace, with US$4bn+ Stake in Nintendo

20th February, 2023

Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.

Subscriber Post

PIF Has Already Recovered Q4 Losses in US Listed Equities

15th February, 2023

The slump in the value of electric carmaker Lucid caused a 16% q-o-q fall in the value of the Public Investment Fund’s (PIF) US equity portfolio to US$30.9 billion, but Global SWF’s estimates indicate a rapid turn in fortunes in the past six weeks with the reversal of Q4 losses.

Subscriber Post

Saudi Fund Joins the Agtech Farming Revolution

2nd February, 2023

In an era of climate change, pressures on water resources and a burgeoning global population reaching 10 billion, indoor vertical farming is emerging to overcome the challenges and address growing food demand.

Subscriber Post

PIF's Plans to Take Lucid Private Are Part of a Bigger EV Strategy By Saudi SWF

30th January, 2023

Rumors that Saudi Arabia's Public Investment Fund (PIF) is set to take electric vehicle maker Lucid private by buying a 34.5% stake from public markets have fuelled a massive rise in its stock price, following months of steep decline.

Subscriber Post

From Microfinance to Port Infrastructure, Egypt’s SWF is Channelling FDI

16th January, 2023

Egypt has accelerated inward investment into its economy through the deployment of its young and growing sovereign wealth fund as a go-to partner for foreign investors seeking to penetrate North Africa’s biggest economy.

Subscriber Post

PIF: Saudi Arabia’s Banyan Tree

12th January, 2023

The Public Investment Fund (PIF) is growing more and more like a banyan tree: developing accessory trunks that allow it to spread outwards indefinitely. The Saudi SWF has a central strategy, which is “driving the growth of new sectors, companies and jobs, as a catalyst of Vision 2030” but is writing history as it goes.

Subscriber Post