PIF Anchors Aberdeen & Investcorp’s ~USD800m Gulf Infrastructure Fund

Source(s): The National

Saudi Arabia’s PIF has made an anchor investment in Aberdeen Standard Investcorp Infrastructure Partners. The vehicle was set up by Investcorp and Aberdeen Standard Investments and plans to invest in core infrastructure projects in the GCC and the wider MENA region. PIF has committed up to 20% of the total fund size, which is reported to be ~USD800m. Read more