Asset Owner Directory

Public Investment Fund/Sanabil Investments (PIF)

The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world and was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has been controlled by Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler since 2015.

Country

Saudi Arabia

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$528

Chief Executive

Mr. Turqi Al-Nowaiser (International Investments Division) and Yazeed A. Al-Humied (MENA investments)

Chair

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud

Asset allocation

45% Equities

35% Alternatives

20% ST Securities and Fixed Income

Website

View the annual report

Asset allocation as of December 31, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Asset Allocation

SWFs invest record amounts in VC

SWFs invested record amounts into venture capital last year with VC allocations ballooning. Overall assets were boosted by four new SWFs: Azerbaijan, Bangladesh, Cape Verde and Rio de Janeiro. While Israel, Namibia, Bahamas and Mozambique will all launch this year.

Sarah RundellJanuary 13, 2022

Sustainability

Climate group calls for investor power

Climate Change 100+, a five-year initiative to help carbon emitters navigate the move to clean energy, has built momentum and needs fund managers and investors to propel it even further.

Sarah RundellDecember 11, 2018

Infrastructure

G20 investor group wants reform

Convincing policymakers to reform laws around infrastructure, carbon emissions and other aspects of long-term, sustainable economic growth may not be easy but a G20 group has started the dialogue.

Amanda WhiteDecember 10, 2018

Sustainability

Fixed income, ESG start to bond

ESG integration in fixed income is finally starting to happen but the challenges it presents aren’t the same as in equities; for example, bondholder rights and shareholder rights aren’t the same. Have a look at what’s necessary to further blend ESG and fixed income.

Georg Inderst and Fiona StewartNovember 13, 2018

View more articles

Asset Owner Directory

Fund Name	Country	AUM ($B)	Articles	More Info
Government Employees Pension Fund (GEPF)	South Africa	$122	13	View Info
California State Teachers Retirement System (CalSTRS)	United States	$305	123	View Info
California Public Employees Retirement System (CalPERS)	United States	$467	295	View Info