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Macquarie AM wins sovereign wealth fund mandate
Financial Standard
|September 22, 2025
Macquarie Asset Management (MAM) will set up shop in Saudi Arabia after being tapped by sovereign wealth fund PIF for joint venture investments in infrastructure and energy transition sectors.
The US$925 billion sovereign wealth fund signed a Memorandum of Understanding (MoU) with MAM that will prioritise investments in digital infrastructure, electric vehicle infrastructure and energy storage.
In winning the mandate, MAM will establish an office in Riyadh.
The nonbinding MoU is subject to satisfying certain necessary requirements, including regulatory and internal approvals.
यह कहानी Financial Standard के September 22, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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