Saudi Arabia Public Investment Fund

The Public Investment Fund revealed five stock holdings at the end of the fourth quarter, including a stake in Lucid Group (NASDAQ:LCID). A change to its stake in video game company Take-Two Interactive Software (NASDAQ:TTWO) could catch headlines. Public Investment Fund Portfolio Changes A new 13F...

In a recent development, Yasir Al-Rumayyan, the head of Saudi Arabia’s Public Investment Fund (PIF), is positioning Mohammed bin Salman‘s kingdom as a potential hub for artificial intelligence (AI) activities outside the U.S. What Happened: Al-Rumayyan made this announcement at an...

Saudi Arabia’s Public Investment Fund (PIF) has upstaged Singapore’s GIC to become the top spender among global sovereign wealth funds in 2023. What Happened: As per preliminary findings by Global SWF, a research consultancy, PIF contributed to about a fourth of the $124 billion...

The Saudi wealth fund ramped up its stake in British luxury carmaker Aston Martin (OTC:AMGDF) to 20.5%, according to a recent regulatory filing. This move comes a week after Aston Martin’s quarterly results and future forecast disappointed investors, reported Reuters. The Public...

Saudi Arabia’s Public Investment Fund (PIF) is reportedly negotiating to invest heavily in Shanghai-based electric-vehicle maker, Human Horizons Group Inc. The PIF is considering a significant investment of at least $250 million in Human Horizons, Bloomberg reported. This deal would value the...

Democratic Congressman Jamie Raskin is urging the House Oversight Committee to inspect Donald Trump‘s son-in-law Jared Kushner’s financial dealings, particularly his $3 billion private equity fund, Affinity Partners, Business Insider reported. Raskin has...