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The PIF is becoming increasingly important as a source of capital for fund managers in the Middle East as it embarks on a plan to support the Saudi economy’s diversification away from a reliance on oil sales. Image: Bloomberg

Aberdeen Standard Investcorp Infrastructure Partners Fund

Saudi PIF commits up to $160m to Gulf Infrastructure Fund

Written by Bloomberg

Thu 10 Jun 2021Wed 6 Oct 2021

The Aberdeen Standard Investcorp Infrastructure Partners fund has received the pledge from the PIF along with another $90 million commitment from the Asian Infrastructure Investment Bank

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