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PIF opens three new subsidiary company offices in London, New York and Hong Kong

The Public Investment Fund (PIF) has opened three new subsidiary company offices in London, New York and Hong Kong. The moves are in line with PIF’s continued expansion and will assist in the fund’s future international growth.

PIF is an active investor in some of the world’s most innovative and transformational industries and businesses – including in the UK, Europe, US, Asia and South America. The new subsidiary companies offices will further enable PIF to continue to work with its partners across regions globally while helping to transform global economies and drive the economic transformation of Saudi Arabia.
  
PIF’s ongoing international expansion comes as the Fund continues to make strong progress against its Strategy 2021-2025. As part of this strategy, PIF plans to grow its assets under management to USD1.07 trillion by the end of 2025 while continuing to create new sectors, companies and jobs. A key element of PIF’s success has been the strategic economic partnerships it has developed with many of the world’s leading investors and businesses.

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