Public Investment Fund of Saudi Arabia

SoftBank-Saudi High-Tech Vision Fund Raises $93bn

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Japanese mobile carrier SoftBank said, with Saudi partners, it has raised nearly $100 billion in pledges to launch a major global fund for long-term, high-tech investments. The SoftBank Vision Fund has received participation from industry titans and the likes of Apple, Qualcomm, and Taiwan’s Foxconn and collected pledges totalling more than $93 billion so far, … Read more

Blackstone, Saudi Fund To Invest $40 Bln In US Infrastructure

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US asset management giant Blackstone and Saudi Arabia’s main sovereign wealth fund announced Saturday they are launching a $40 billion investment vehicle to finance infrastructure renovation in the United States. The announcement comes as President Donald Trump, who has promised to invest $1 trillion in a major infrastructure plan in the United States, visits Saudi … Read more