Title: Public Investment Fund - Wikipedia
Headings: Public Investment Fund
Public Investment Fund
Contents
Role
History
PIF post-CEDA
Investment projects
First Commercial Helicopter Company
See also
References
External links

Content: Public Investment Fund - Wikipedia
Public Investment Fund
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Sovereign wealth fund of Saudi Arabia
Public Investment Fund

Founded
17 August 1971; 49 years ago
( 1971-08-17)
Founder
Faisal of Saudi Arabia
Headquarters
Riyadh
,
Saudi Arabia
Key people
Mohammad bin Salman (chairman)
Yasir Al-Rumayyan (governor)
AUM
$347 billion
Website
www.pif.gov.sa
The Public Investment Fund ( PIF; Arabic: صندوق الإستثمارات العامة ‎) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $347 billion. It was founded for the purpose of investing funds on behalf of the Government of Saudi Arabia. Saudi Arabia aims at transferring the PIF from a mere local authority to the largest sovereign fund in the world. Thus, PIF is working on managing assets worth $400 billion by 2020. The PIF has a portfolio made up of approximately 200 investments, of which around 20 are listed on Tadawul, the Saudi Stock Exchange. Contents
1 Role
2 History
2.1 PIF post-CEDA
3 Investment projects
4 First Commercial Helicopter Company
5 See also
6 References
7 External links
Role
Yasir bin Othman Al-Rumayyan in 2016
The Public Investment Fund invests in specific projects through equity, loans or guarantees, and allocations of public funds.