The New York team will help oversee trades and bridge the time difference between the Kingdom and the US
Saudi wealth fund
Latest in Saudi wealth fund
Hong Kong
Saudi wealth fund PIF opens US, UK, Hong Kong offices amid global expansion
Public Investment Fund says new offices will assist in its future international growth
Public Investment Fund
Saudi wealth fund rakes in $5bn as demand for stocks booms
Share sales in Saudi Arabia have seen huge investor demand, with most IPOs getting priced at the top of offering ranges
infrastructure investment
US infrastructure plan piques $232 billion Mubadala’s interest
Mubadala Investment Co. considers the U.S. to be “an unbelievable market,” and Abu Dhabi’s $232 billion wealth fund may commit money towards infrastructure in the country
Public Investment Fund
Saudi Wealth Fund may close its biggest-ever loan deal this week
The Public Investment Fund is raising about $15 billion from a group of international banks to finance new investments, sources say.
Lucid Motors
Saudi wealth fund is upbeat on deals for local manufacturing
Yasir Al-Rumayyan said the PIF is also in a ‘very advanced stage’ of negotiating joint ventures as part of a partnership that could ease the path for foreign companies
Public Investment Fund
Saudi wealth fund said to weigh bank loans for investments
Public Investment Fund could raise about $5bn this year