Public Investment Fund (PIF)

📍 Riyadh 6121, Saudi Arabia🗓 Founded 1971👥 5,884 employees💰 Last funded Aug 2020
Financial Services🌐 pif.gov.sa
Website LinkedIn
About Public Investment Fund (PIF) is building a world-class domestic and international investment portfolio, and is positioned to be transformed into the world’s largest sovereign wealth fund. Background The Public Investment Fund was originally established in 1971 to invest in commercial projects. In addition to making select investments in a range of companies and assets domestically and internationally. The Fund has contributed to the establishment of numerous Saudi Arabian companies, supporting innovation, diversification and non-oil sector development in the Kingdom. In March 2015, the Council of Ministers issued a decree to transfer oversight of the Public Investment Fund to the Council of Economic and Development Affairs (CEDA). A new Board of Directors was appointed, chaired by His Royal Highness Crown Prince Mohammed Bin Salman Bin Abdulaziz, Chairman of CEDA. Vision and Objectives The Public Investment Fund aims to be a global investment powerhouse and the world’s most impactful investor, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia. Portfolio The Public Investment Fund has a diverse portfolio made up of a significant number of investments, of which around 20 are listed on the Tadawul, the Saudi Stock Exchange. The Fund is building an investment portfolio that is diversified and risk-adjusted across sectors, geographies and assets classes. All investments are primarily based on economic and financial criteria, with a focus on achieving attractive long-term financial returns. General Enquires: Info@pif.gov.sa Media Enquires: Media@pif.gov.sa Careers: Jobs@pif.gov.sa
6
Total investors
0
Early stage
0
Mid stage
0
Late stage
1971
Founded

Investors

6 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Saudi Arabia
6
Investor activity2018–2020 · investors recorded per year
201822019220202
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Public Investment Fund (PIF)?
Public Investment Fund (PIF) has 6 investors on record on gritt.io.
When did Public Investment Fund (PIF) last raise funding?
The most recent investment in Public Investment Fund (PIF) recorded on gritt.io was in August 2020.
When was Public Investment Fund (PIF) founded?
Public Investment Fund (PIF) was founded in 1971.
What industry is Public Investment Fund (PIF) in?
Public Investment Fund (PIF) operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Public Investment Fund (PIF) based?
Public Investment Fund (PIF) is headquartered in Riyadh 6121, Saudi Arabia.