The State Oil Fund of the Republic of Azerbaijan (SOFAZ), established in December 1999 by the Presidential Decree is a sovereign wealth fund of Azerbaijan, which accumulates and preserves the nation’s oil and gas revenues for future generations. SOFAZ is structured as an extra-budgetary fund and functions as a legal entity separate from the government or central bank.
State Oil Fund of Azerbaijan (SOFAZ)
Azerbaijan
$63
7.10
Israfil Mammadov
Rovshan Javadov
Ali Asadov
57.7% Fixed Income and Money Market Instruments
24.3% Equities
6% Real Estate
12% Gold
Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
Norges Bank Investment Management | Norway | $2,218 | 92 | View Info |
Investment Management Corporation of Ontario (IMCO) | Canada | $66 | 29 | View Info |
State of Wisconsin Investment Board (SWIB) | United States | $162 | 26 | View Info |



