
Pensions
Saudi Arabia’s PIF Reports $16.5B Loss in 2022
Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.
Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.
The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.
Non-public companies valued at $1 billion and up haven’t sprung back with the stock market.
The Oregon Venture Fund partner was appointed by Governor Tina Kotek and confirmed by the state senate in June.
Lack of exits, as IPOs are infrequent, has VC managers selling part of their stakes to others, but at a discount.
Venture capital and private equity boosted their valuations mightily in the past 20 years.