20th September, 2022
Saudi Arabia’s Public Investment Fund (PIF) is expanding its international footprint with its New York City office ramping up personnel to originate new deals that support its rapid growth.
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19th September, 2022
The Qatar Investment Authority (QIA), Norway’s Norges Bank, and Abu Dhabi’s ADQ are joining with institutional investor T. Rowe Price as key cornerstone investors in the EUR9.4 billion IPO of Porsche AG, together committing up to EUR3.7 billion - signalling that SWFs' interest in the automotive industry continues to grow.
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14th September, 2022
Saudi Arabia’s ambition to become a global tourism destination is led by the US$620 billion Public Investment Fund (PIF), which this week announced it would acquire a 30% stake in Almosafer Travel & Tourism Co., a unit of Riyadh-listed Seera Group Holding for SAR1.55 billion (US$412 million).
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8th September, 2022
A new sub-fund is being established by The Sovereign Fund of Egypt (TSFE) to pool assets for public listing, attracting the interest of Gulf region’s sovereign wealth funds
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5th September, 2022
The world is set to see a new major flag carrier in the aviation industry, courtesy of Saudi Arabia’s Public Investment Fund (PIF) which is establishing a new airline with a US$30 billion capital injection.
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25th August, 2022
Saudi Arabia’s creation of a new Health Holding Company (HHC) raises the prospect that its sovereign wealth fund, the Public Investment Fund (PIF), will follow Abu Dhabi’s ADQ in taking control of local health services both as a strategic concern and as a commercial enterprise.
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24th August, 2022
Qatar is a master of punching above its weight in geopolitical and economic terms, using its natural resource wealth to advantage its influence and connections throughout the world.
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16th August, 2022
A fall in Lucid Motors’ stock price caused a US$8.4 billion hit on Saudi Arabia’s Public Investment Fund’s US public equity holdings – but the rest of its stock holdings grew US$4.6 billion with tech stocks leading the charge.
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10th August, 2022
Saudi Arabia’s rapidly growing Public Investment Fund (PIF) could become the biggest shareholder in the UK’s busiest airport if it goes ahead with the acquisition of Ferrovial’s 25% stake.
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8th August, 2022
The Softbank Group, founded and chaired by billionaire Masayoshi Son, announced its result for the quarter ended June 30, 2022 last night. The group, which includes the Vision Funds, a 25% stake in Chinese giant Alibaba, and other significant investments, reported an operating loss of US$ 24.5 billion, due to the global markets turmoil and to the rapid fall of the yen against the dollar.
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15th July, 2022
Saudi Arabia’s Public Investment Fund (PIF) is continuing its drive in the luxury vehicle markets, becoming the second-largest shareholder in Aston Martin Lagonda.
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21st June, 2022
The Red Sea is one of the world’s most strategically important trade routes and sovereign investors are bolstering infrastructure to capitalize on opportunities provided by the constant stream of cargo flowing between continents.
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