Khashoggi crisis may test Saudi PIF's expansion ambitions | Reuters:
A year ago the Saudi sovereign investor Public Investment Fund (PIF) was a rising star among state-backed funds.
It poured billions of dollars into the SoftBank technology fund of Japanese tycoon Masayoshi Son and the infrastructure vehicle of U.S. private equity firm Blackstone, and was building a war chest for overseas deals.
PIF, chaired by Crown Prince Mohammed bin Salman, emerged as the most viable partner for foreign investors after an anti-corruption purge last year tainted many members of the Saudi business elite.
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