01 Jan Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US$31.6 billion splurge in 2023
Posted at 06:35h
in Asia
Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings slashed spending.PIF deployed US$31.6 billion in 2023, according to research consultancy Global SWF. That was...