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PIF partners with Goldman Sachs to launch Gulf-focused investment funds
Saudi Arabia’s Public Investment Fund (PIF) has entered a non-binding memorandum of understanding with Goldman Sachs Asset Management to serve as a strategic anchor investor in new private credit and public equity funds focused on the Gulf Cooperation Council (GCC) region. This partnership aims to attract international capital, with a significant portion earmarked for investments in Saudi Arabia, enhancing the domestic asset management sector and encouraging global managers to establish a presence in the Kingdom.
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