Finance
Gulf Sovereign Investors’ Deals Spree Is Making Hiring Easier
- Gulf entities invested $55 billion in first 9 months of 2024
- Gulf wealth funds’ AUM forecast to reach $7.3 trillion by 2030
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The Persian Gulf’s sovereign wealth funds that manage $4.9 trillion are finding it easier to attract and retain personnel as they solidify their position as influential dealmakers.
Wealth funds and other sovereign entities from the oil-rich region invested $55 billion across 126 transactions in the first nine months of this year, according to data provider and consultancy Global SWF. That represents around 40% of all deals done globally by state-backed investors.