Saudi fund outpaces GIC with $41.7 billion splurge
GIC lost its spot as the world’s most active sovereign wealth fund for the first time in six years Read more at straitstimes.com.
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GIC lost its spot as the world’s most active sovereign wealth fund for the first time in six years Read more at straitstimes.com.
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ANN/THE STRAITS TIMES – Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor in 2023, boosting its deal activity, even as most global peers including Singapore’s GIC and Temasek slashed spending. PIF deployed USD31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the USD20.7 billion […]
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