Saudi Arabia to be anchor investor in new Brookfield $2 bln Middle East fund-August 2024-www.financetom.com

Saudi Arabia to be anchor investor in new Brookfield $2 bln Middle East fund

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Saudi Arabia to be anchor investor in new Brookfield $2 bln Middle East fund

Nov 3, 2024 2:53 PM

RIYADH, Oct 30 (Reuters) - Saudi Arabia's Public

Investment Fund will be an anchor investor in Brookfield Asset

Management's ( BAM ) new $2 billion Middle East private fund,

the companies said in a statement on Wednesday.

At least half of the capital is to be invested in Saudi

Arabia and international companies that are looking to expand in

the kingdom.

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