PIF plans to boost annual deployment: Report

18/03/2025 Argaam
Logo ofThe Public Investment Fund (PIF)

Logo of The Public Investment Fund (PIF)

The Public Investment Fund (PIF) plans to increase annual deployment to up to $70 billion, Bloomberg reported, citing people familiar with the matter.

 

The move will be funded through a mixture of retained earnings from the fund's investments, borrowing, and cash or asset transfers from the government.

 

The sovereign fund will likely explore additional options, including selling down a small part of its $461 billion portfolio of listed stocks.

 

It could also list companies on the local exchange — deals in the pipeline include medical procurement firm Nupco, Saudi Tabreed District Cooling Co., and Saudi Global Ports Co.

 

The PIF is weighing a debut euro-denominated bond this year and plans to tap onshore US investors for the first time.

 

It is also encouraging subsidiaries to borrow independently, with Neom Co. and AviLease among firms potentially issuing debt, the sources said.

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