Sovereign wealth
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Saudi Wealth Fund Joins Qatar, UAE Peers in Private Lending Rush
Saudi Arabia’s $400 billion Public Investment Fund became the latest sovereign investor to enter the growing market for direct lending. The PIF, as it’s known, will anchor a $300 million Shariah-compliant fund started by Dubai-based private equity firm NBK Capital Partners, according to a statement on Tuesday. Yaser Moustafa, senior…
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Click here to read the full story: Bloomberg