PIF Prepares to Borrow $5 Billion to Boost Investments

January 17, 2018 by Loch Adamson

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This week, Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, made headlines with rumors that it plans to seek $5 billion in loans to expand its investment portfolio – and is looking at Hollywood for possible opportunities – while Oman’s State General Reserve Fund prepares to launch a $1 billion domestic infrastructure fund. PIF May Borrow $5 Billion to Boost Investment Portfolio Saudi Arabia’s Crown Prince, Mohammad bin Salman al-Saud – better known as MBS – remains intent on boosting the resources available to the kingdom’s revamped sovereign wealth fund, the Public Investment Fund (PIF). This past week, reports surfaced that PIF, which has an estimated $224 billion in assets under…

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