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I Squared Capital and Saudi Arabia’s PIF join forces to launch dedicated Middle East infrastructure fund
Fundraising - MAY 16, 2025

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I Squared Capital and Saudi Arabia’s PIF join forces to launch dedicated Middle East infrastructure fund

by Kali Persall

I Squared Capital, an independent global infrastructure investment manager, and Saudi Arabia’s Public Investment Fund (PIF), one of the largest sovereign wealth funds in the world, have signed a nonbinding memorandum of understanding (MoU) to establish a dedicated infrastructure investment strategy focused on the Middle East.

This strategic collaboration aims to accelerate investment into key infrastructure sectors across the region, promote foreign direct investment into Saudi Arabia and support the nation’s transformation into a global hub for capital and innovation. The fund will seek to build connectivity across regional and global markets, drawing on I Squared Capital’s sector expertise and global investment platform.

PIF enables the creation of new sectors and opportunities that help shape the global economy, while driving the economic transformation of Saudi Arabia. This MoU complements a series of the sovereign wealth fund’s initiatives to promote furth

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