Saudi Arabia’s PIF Commits USD300m to OIIM’s and Equitix’s Rakiza Infrastructure Fund
Oman Infrastructure Investment Management
Saudi Arabia’s sovereign wealth fund PIF committed USD300m to Rakiza Infrastructure Fund, a private infrastructure fund co-managed by Oman Infrastructure Investment Management (OIIM) and Equitix Investment Management with a focus on renewables, power and water, social infrastructure, telecommunications and transport and logistics assets in Oman and Saudi Arabia. The fund reached a USD410m first close in April 2020 and is targeting USD1b. Read more