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.
Saudi Arabia
$528
Mr. Turqi Al-Nowaiser (International Investments Division) and Yazeed A. Al-Humied (MENA investments)
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud
45% Equities
35% Alternatives
20% ST Securities and Fixed Income
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