Public Investment Fund

Riyadh, Saudi Arabia Founded: 1971 • Age: 55 yrs
Manages investments in energy, real estate, and technology to support national development.
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About Public Investment Fund

Public Investment Fund is a company based in Riyadh (Saudi Arabia) founded in 1971. It operates as a Direct Investment, and Portfolio Management. Public Investment Fund has completed 8 acquisitions, including AccorInvest, Activision Blizzard and Depa Group. Public Investment Fund offers products and services including Investment Portfolio, Giga-Projects, and Partnership Programs.

  • Headquarter Riyadh, Saudi Arabia
  • Sectors
    Financial Services
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pif International
Operational Areas
Financial Services → Investment Management & Advisory
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AccorInvest

    & 7 more

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Products & Services of Public Investment Fund

Public Investment Fund offers a comprehensive portfolio of products and services, including Investment Portfolio, Giga-Projects, and Partnership Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages diversified investments across sectors for economic growth

Develops large-scale projects like NEOM for tourism and jobs

Facilitates investments and partnerships in key industries

People of Public Investment Fund
Headcount 500-1000
Employee Profiles 201
Board Members and Advisors 9
Employee Profiles
People
Abdulmajeed Althawab
Project Management Office
People
Areej Alamri
PIF Project Adivisory Senior Associate
People
Firas Marghlani
International Investments
People
Mishary Alibraheem
Senior Director | Head Of Entertainment, Tourism, Education, Sports Investments

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Board Members and Advisors
people
Ibrahim Abdulaziz Al-Assaf
Board Member
people
Mohammad Abdul Malek Al Shaikh
Board Member
people
Khalid Abdulaziz Al-Falih
Board Member
people
Ahmed Aqeel Al-Khateeb
Board Member

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Funding Insights of Public Investment Fund

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Public Investment Fund

Public Investment Fund has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AccorInvest, Activision Blizzard and Depa Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tower infrastructure services are provided for telecommunications in Saudi Arabia.
2018
Hotels are operated with strategies for performance optimization.
2013
Head-mounted virtual retinal displays for augmented reality viewing are provided.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Public Investment Fund

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Public Investment Fund Comparisons

Employees
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Competitors of Public Investment Fund

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Public Investment Fund

Frequently Asked Questions about Public Investment Fund

When was Public Investment Fund founded?

Public Investment Fund was founded in 1971.

Where is Public Investment Fund located?

Public Investment Fund is headquartered in Riyadh, Saudi Arabia.

What does Public Investment Fund do?

The Public Investment Fund is a sovereign wealth fund based in Saudi Arabia that invests in various sectors including energy, real estate, and technology. It operates through direct investments and partnerships to diversify the economy and achieve Vision 2030 goals. Key activities include managing a diversified portfolio, funding giga-projects like NEOM and Red Sea Global, and creating jobs. Located primarily in Riyadh, it focuses on sustainable and strategic investments globally.

What products or services does Public Investment Fund offer?

Public Investment Fund offers Investment Portfolio, Giga-Projects, and Partnership Programs.

How many acquisitions has Public Investment Fund made?

Public Investment Fund has made 8 acquisitions, including AccorInvest, Activision Blizzard, and Depa Group.

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