The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with Neuberger Berman for investments worth $6 billion (nearly SAR 22.5 billion) in Saudi Arabia.
The initiative includes the creation of a Riyadh-based, multi-asset investment management platform aimed at accelerating the development of the Kingdom’s capital markets. 
The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with Neuberger Berman for investments worth $6 billion (nearly SAR 22.5 billion) in Saudi Arabia.
The initiative includes the creation of a Riyadh-based, multi-asset investment management platform aimed at accelerating the development of the Kingdom’s capital markets.
