Saudi Arabia's PIF sets up company to boost space sector
PIF said the new company, Neo Space Group, will invest in local and international assets and capabilities, as well as venture capital opportunities.
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PIF said the new company, Neo Space Group, will invest in local and international assets and capabilities, as well as venture capital opportunities.
BlackRock Saudi Arabia, a unit of BlackRock Inc., and the Public Investment Fund (PIF) announced the signing of a memorandum of understanding (MoU) by which BlackRock will establish a Riyadh-based multi-asset class investment platform. It will be anchored by an initial investment mandate of up to US$ 5 billion from PIF, subject to the achievement…
Saudi Arabia wealth fund PIF said the investment platform seeks to accelerate the growth of capital markets in the Gulf state.
Saudi Arabia’s Public Investment Fund (PIF) announced two initiatives to support the development of Saudi Arabia’s asset management industry. The announcements were made at PIF’s inaugural Asset Management Forum at the Future Investment Initiative (FII7) in Riyadh, included the PIF Managers Gate Platform and the Portfolio Management Development Program. The PIF Asset Management Forum was…
The Public Investment Fund (PIF) announced two initiatives to support the development of Saudi Arabia’s asset management industry, reported the Saudi Press Agency on Friday. The announcements, made at PIF’s inaugural Asset Management Forum at the Future Investment Initiative (FII7) in Riyadh, included the PIF Managers Gate Platform and the Portfolio Management Development Program.