Saudi Pension Fund Invests in Brookfield's New Middle East Fund

Reported 26 days ago

The Saudi Arabian General Organization for Social Insurance is set to support Brookfield Asset Management's new venture in the Middle East, contributing $500 million in alignment with Brookfield's own investment. The Public Investment Fund also backs Brookfield Middle East Partners, which aims to raise at least $2 billion to invest in Saudi and regional businesses, promoting foreign investment in the kingdom.

Source: YAHOO

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