Hedge Funds & Alternative Investments
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BlackRock, PIF launch multi-asset investment management platform in Riyadh
BlackRock Saudi Arabia and the Public Investment Fund signed a memorandum of understanding on Tuesday which entitles the former to establish a Riyadh-based multi-asset investment platform. It will be anchored by an initial investment mandate of up to $5 billion from PIF, subject to the achievement of agreed milestones between…
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Click here to read the full story: Arab News