Hedge Funds & Alternative Investments
Sovereign wealth
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Saudi Wealth Fund Bets on Startups With Hambro Perks Investment
Saudi Arabia’s sovereign wealth fund is backing a Middle East venture-capital fund run by Hambro Perks Ltd., joining the trend for state investors in the region to put money into early-stage companies. The Public Investment Fund of Saudi Arabia is an anchor investor in the $50 million Oryx Fund, which…
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Click here to read the full story: Bloomberg