Saudi wealth fund details ties to global venture, buyout firms
Sanabil’s website notes half of its assets are allocated to venture capital
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Sanabil’s website notes half of its assets are allocated to venture capital
RIYADH: Sanabil Investments, the portfolio company of Saudi Arabia’s Public Investment Fund, has revealed its ties to more than 50 venture capital and private equity firms, including Blackstone and KKR & Co. In its first public disclosure, the company revealed that it holds stakes in Andreessen Horowitz, General Atlantic, Hellman & Friedman and Platinum Equity, among others.
One-Stop Business and Finance News
Private equity firm that bought the marketplace for $2.56b in 2018 is looking for an exit.
While the private equity industry is not the biggest part of the global investment sector, it is still very important, as money is raised by private equity firms to invest, as the name suggests, in private...