Apr
19

Calling All Bankers for Help Managing $2 Trillion Saudi Fund

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  • Public Investment Fund working with Korn Ferry for new hires
  • Fund seeking executives to head real estate, private equity

Saudi Arabia’s Public Investment Fund is seeking to recruit senior bankers to help the kingdom run what may become the world’s largest sovereign wealth fund, according to people with knowledge of the matter.

The fund, which holds about $100 billion worth of stakes in local companies, is working with U.S.-based executive search firm Korn Ferry International to hire for positions including the head of private equity, head of real estate, head of risk management and the head of markets, the people said, asking not to be identified because the matter is private. The fund is seeking the most experienced international candidates, they said…

Calling All Bankers for Help Managing $2 Trillion Saudi Fund

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