Middle Eastern SWFs directly invest over $14.7bn in the US in 2020

According to an article published by Arabian Business Global, Saudi Arabia’s Public Investment Fund (PIF) led its fellow Middle Eastern sovereign wealth funds, which together invested over $14.7 billion in the US in 2020.  This is more than double the commitment compared to $6.5 billion in 2019 and $6.2 billion in 2018.  The article went on to note the Abu Dhabi Investment Authority (ADIA) and the Kuwait Investment Authority (KIA) allocated “significant” amounts of capital to third-party investors across direct investments in real estate, infrastructure and select private equity opportunities.

Read the original article on Arabian Business Gloabl: Why the US proved fertile ground for Gulf sovereign wealth investment in 2020