Public Investment Fund (PIF)
Financial Services in Saudi Arabia
Overview
About
Public Investment Fund (PIF) is building a world-class domestic and international investment portfolio, and is positioned to be transformed into the world’s largest sovereign wealth fund.
Background
The Public Investment Fund was originally established in 1971 to invest in commercial projects. In addition to making select investments in a range of companies and assets domestically and internationally. The Fund has contributed to the establishment of numerous Saudi Arabian companies, supporting innovation, diversification and non-oil sector development in the Kingdom.
In March 2015, the Council of Ministers issued a decree to transfer oversight of the Public Investment Fund to the Council of Economic and Development Affairs (CEDA). A new Board of Directors was appointed, chaired by His Royal Highness Crown Prince Mohammed Bin Salman Bin Abdulaziz, Chairman of CEDA.
Vision and Objectives
The Public Investment Fund aims to be a global investment powerhouse and the world’s most impactful investor, enabling the creation of new sectors and opportunities that will shape the future global economy, while driving the economic transformation of Saudi Arabia.
Portfolio
The Public Investment Fund has a diverse portfolio made up of a significant number of investments, of which around 20 are listed on the Tadawul, the Saudi Stock Exchange. The Fund is building an investment portfolio that is diversified and risk-adjusted across sectors, geographies and assets classes. All investments are primarily based on economic and financial criteria, with a focus on achieving attractive long-term financial returns.
General Enquires: Info@pif.gov.sa
Media Enquires: Media@pif.gov.sa
Careers: Jobs@pif.gov.sa
Tagline
The Public Investment Fund is Saudi Arabia's sovereign wealth fund.
EMPLOYEES
1,001-5,000 employees
FOUNDED
1971
HQ
Riyadh 6121, Alnakheel District
TYPE
Government Agency
Location
- Street
- Daeri Altaqneeyah Road
- City
- Riyadh 6121
- Region
- Alnakheel District
- Postal code
- 11442
- Country
- Saudi Arabia
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FAQ
What is the company name?
pif.gov.sa is the website of Public Investment Fund (PIF).
What is the industry of the company?
Public Investment Fund (PIF) (pif.gov.sa) is in the Financial Services industry.
When was the company founded?
Public Investment Fund (PIF) (pif.gov.sa) was founded in 1971.
How many employees does the company have?
Public Investment Fund (PIF) (pif.gov.sa) has 1,001-5,000 employees.
What is the company type?
The company type of Public Investment Fund (PIF) (pif.gov.sa) is Government Agency.
Where is the company headquartered?
Public Investment Fund (PIF) (pif.gov.sa) is headquartered in Riyadh 6121, Alnakheel District.
What is the address of the company?
The address of Public Investment Fund (PIF) (pif.gov.sa) is Daeri Altaqneeyah Road, Riyadh 6121, Alnakheel District, 11442, Saudi Arabia.
What are the social media accounts of the company?
The social media account of Public Investment Fund (PIF) (pif.gov.sa) is LinkedIn.
Social media