City HQs OOs Total HC Latest Upcoming
London 2 39 41 4,594 ART -
New York NY 1 37 38 1,670 Khazanah -
Singapore 4 15 19 5,109 NIIF HOOPP
Beijing 5 13 18 3,942 PIF CPP
Hong Kong 3 10 13 980 HKIC -
Sydney NSW 4 9 13 2,437 GIC -
Paris 4 8 12 3,738 PIF -
Tokyo 5 6 11 3,456 BCI -
San Francisco CA 0 10 10 225 NPS -
Luxembourg 1 8 9 125 QIC -
Toronto ON 6 3 9 8,560 IMCO -
Abu Dhabi 7 1 8 3,595 Temasek AIMCo
Mumbai 1 7 8 3,186 KIC -
Shanghai 0 8 8 96 APG -
Melbourne VIC 6 1 7 4,056 QIC -
Washington DC 2 5 7 3,280 Temasek -
Kuala Lumpur 6 0 6 8,243 KWAP -
Seoul 5 1 6 3,675 GIC -
Stockholm 6 0 6 3,753 AP1-6 -
Copenhagen 4 1 5 5,103 QIC -
Frankfurt 2 3 5 6,015 BoK -
Jakarta 4 1 5 3,185 Danantara -
New Delhi 3 2 5 1,300 CDPQ -
Riyadh 4 1 5 6,730 NDF -
Sao Paulo SP 0 5 5 113 CDPQ -
Accra 3 1 4 3,022 GIIF -
Amsterdam 3 1 4 6,260 OMERS -
Astana 4 0 4 3,294 Baiterek -
Austin TX 4 0 4 1,045 Texas MRS -
Brussels 2 2 4 3,032 Temasek -
Helsinki 4 0 4 3,590 Solidium -
Manama 4 0 4 3,243 SIO-MPF -
Mexico City 2 2 4 3,060 CDPQ -
Moscow 3 1 4 3,140 Mubadala -
Oslo 4 0 4 4,465 FTF -
Baku 3 0 3 3,220 AIH -
Berlin 2 1 3 329 OMERS -
Bangkok 3 0 3 3,210 GPF -
Boston MA 1 2 3 70 Temasek -
Cairo 2 1 3 3,035 ADQ -
Calgary AB 0 3 3 80 BCI -
Doha 3 0 3 3,590 QIA -
Dubai 3 0 3 1,274 ICD -
Hanoi 2 1 3 3,259 Temasek -
Kuwait 3 0 3 5,970 PIFSS-Wafra -
Luanda 2 1 3 3,052 CADF -
Manila 3 0 3 3,110 Maharlika -
Muscat 3 0 3 3,450 Himaya -
Rabat 3 0 3 3,640 Ithmar Capital -
Rio de Janeiro RJ 2 1 3 600 FFSB -

Source: Global SWF. Last updated June 2025

Note: Offices of the major funds only.
HQs: Number of major funds with headquarters in the city.
OOs: Number of major funds with office overseas in the city.
Total: Number of major funds operating in the city.
HC: Estimated headcount of SWF/PPF executives working at these locations.