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Saudi Arabia, BlackRock join forces to launch Riyadh investment platform

Saudi Arabia's Public Investment Fund (PIF) and BlackRock announced a partnership on Tuesday to launch a multi

Ar riyaSaudi arabiaLarry finkYazeeda al humiedSaudi arabia public investment fundPublic investment fundBlackrock riyadh investment managementBlackrock saudi arabiaMiddle eastNorth africa

BlackRock and Saudi Arabia s Sovereign Wealth Fund Ink MoU for Multi-Asset Class Investment Platform

BlackRock Saudi Arabia, a unit of BlackRock Inc., and the Public Investment Fund (PIF) announced the signing of a memorandum of understanding (MoU) by which BlackRock will establish a Riyadh-based multi-asset class investment platform. It will be anchored by an initial investment mandate of up to US$ 5 billion from PIF, subject to the achievement…

Ar riyaSaudi arabiaYazeeda al humiedLarry finkBlackrock incAsset management forumSaudi arabia sovereign wealth fund ink moBlackrock educational academyPortfolio management development programPublic investment fundDevelopment programSovereign wealth fund ink mouMulti asset class investmentRock saudi arabiaBlackrock riyadh investment managementDeputy governor

Saudi Arabia to launch multi-asset investment management platform--China Economic Net

Saudi Arabia to launch multi-asset investment management platform--China Economic Net
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Ar riyaSaudi arabiaLarry finkFu boYazeeda al humiedSaudi public investment fundBlackrock saudi arabiaBlackrock riyadh investment management

BlackRock to Launch PIF-backed Saudi Investment Platform

The world's largest asset manager BlackRock (BLK.N), said on Tuesday it plans to launch a new investment platform in Saudi Arabia, backed by up to $5 billion from Saudi sovereign wealth fund the Public Investment Fund (PIF). BlackRock and PIF said they had signed a memorandum of understanding under which BlackRock would establish a Riyadh-based multi-asset investment platform. The two parties said the platform would accelerate growth of Saudi Arabia's capital markets, with a Riyadh-based investment team looking to raise additional funds locally and overseas.

Saudi arabiaAr riyaLarry finkYazeeda al humiedPublic investment fundMiddle eastNorth africa

BlackRock to launch investment platform in Saudi Arabia, PIF to put up to $5b initially

BlackRock Saudi's new initiative targets increased foreign investment funds into Kingdom

Ar riyaSaudi arabiaUnited arab emiratesYazeeda al humiedLarry finkBlackrock saudiImage creditBlackrock riyadh investment managementDeputy governorFinancial markets advisory

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