Public Investment Fund
The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets
WikidataAbout
The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات 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 US$900 billion. It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015, as its chairman. More than 60% of the fund's activities are within Saudi Arabia.
Latest News 2 articles
Brussels saw no competition issues, but Washington's antitrust and labor watchdogs are still circling the largest leveraged buyout in gaming history — a $55 billion bet built on $20 billion of debt and a sovereign wealth fund's ambition to turn oil money into entertainment dominance.
The EU just greenlit Saudi Arabia's $55 billion takeover of EA, ruling it's fine for competition — but the real fight over this deal is only just beginning.
All Coverage
Brussels saw no competition issues, but Washington's antitrust and labor watchdogs are still circling the largest leveraged buyout in gaming history — a $55 billion bet built on $20 billion of debt and a sovereign wealth fund's ambition to turn oil money into entertainment dominance.
The EU just greenlit Saudi Arabia's $55 billion takeover of EA, ruling it's fine for competition — but the real fight over this deal is only just beginning.