Sanabil al-Saudia (via Oxford SWF Project)

Ashby Monk A new Saudi Arabian 'state investment vehicle' (i.e. sovereign wealth fund) will launch next week with an initial capitalization of $5.3 billion. The SWF, named Sanabil al-Saudia, will begin making investments in six months time. It will be a portfolio manager for the Public Investment Fund and will have a global mandate to invest in a broad range of asset classes. The launch of this SWF comes on the heels of the unveiling of the Hassa … Read More

via Oxford SWF Project

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