SAUDI PIF Held Nearly $56 Bln Of U.S. – Listed Stocks In December 2021

PARIS, France – Saudi sovereign wealth fund PIF held nearly $56 billion worth of U.S. – listed stocks as of December last year, up from $43 billion at the end of September, boosted by the increased value of electric can maker Lucid, it said in a U.S. regulatory filing. The fund’s Lucid holdings were valued … More SAUDI PIF Held Nearly $56 Bln Of U.S. – Listed Stocks In December 2021

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Consortium Led By Saudi Arabia’s PIF Officially Takes Over Newcastle United

LONDON – A consortium led by Saudi Arabia’s Public Investment fund (PIF) officially took over Newcastle United, the Premier League announced on Thursday. ‘Following the completion of the Premier League’s  Owners’ and Directors’ Test, the club has been sold to the consortium with immediate effect’, the Premier League statement said. The consortium includes PCR Capital … More Consortium Led By Saudi Arabia’s PIF Officially Takes Over Newcastle United

Saudi Arabia’s PIF Hires Banks To Advice On ESG – IFR

Paris / France – – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has hired five international banks as members of an environmental, governance and social (ESG) panel for its medium – term capital – raising strategy, IFR News reported on Monday. Sources told Reuters in July that PIF sent banks a request … More Saudi Arabia’s PIF Hires Banks To Advice On ESG – IFR