Regulation, Risk & Compliance
Sovereign wealth
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Sovereign funds hiring their own rainmakers
WHEN Lucid Motors, an electric carmaker, announced that it had raised US$1 billion in financing last month, the transaction appeared at first blush to be just another Silicon Valley megaround. But what made the deal stand out was the identity of the lead investor: the Public Investment Fund, or PIF,…
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Click here to read the full story: The Business Times