Family Office ClubEvents
Text or WhatsApp (Not an AI Bot):(808) 600-9260Tell me your situation

Lebanese Sovereign Wealth Fund

Lebanon · Middle East · Founded 2023 · Proposed or pipeline fund · Not an IFSWF member

Legislated, not yet investingReport a correction
Focus

Lebanese Sovereign Wealth Fund: what it invests in

Geography Global

Scale

Lebanese Sovereign Wealth Fund: how big it is, and on what basis

No assets yet
Fund market valueAs of
Transparency

Lebanese Sovereign Wealth Fund: what it publishes

1.0 of 10 Band 1 of 5

Published 1 · Partly 0 · Not published 9

Our 10 item score. It measures what is public, not how well a fund is run.

LawS1
No. 320 of 2023
As of
ArticlesS1
25 in 8 chapters
As of
AssetsS3
None yet
As of
Transparency scoreS1
1 of 10
As of

At a glance. Lebanon's Sovereign Wealth Fund Law (No. 320 of December 2023) sets up a fund to receive and invest net offshore oil and gas revenue for public benefit and future generations. The fund would be an independent public institution attached to the Council of Ministers, run by a board of experts. As of 2026 it has not been set up, and there is no commercial petroleum revenue yet. S1 S3

Key points

  • Law No. 320 dated 22 December 2023, with 25 articles in 8 chapters. S1
  • It follows the 2010 Offshore Petroleum Resources Law, which requires net proceeds to go to a sovereign fund. S1
  • Investment decisions need Parliament approval. S1
  • Audit Bureau review after the fact plus independent external audits. S1
  • No assets yet, as there is no commercial oil or gas revenue. S3

Interesting facts

  • The fund would have legal, financial and administrative independence. S1
  • A parliamentary committee aimed to have the law ready before exploration began. S4
  • Public reporting is built into the law. S1

Mandate and goals

Manage state petroleum revenue prudently and invest the profits for public benefit and future generations. S1 S3

  • Preserve petroleum wealth for future generations. S3
  • Apply clear governance and public reporting to resource revenue. S1

How it invests

Industries. Sector agnostic S1
Asset classesNot published S1
StagesNot published S1
GeographyGlobal. Not yet set S1
Direct / through funds / co-investNo / No / No S1
Ticket sizeNot operating. S3
External managersNot set S1
Co-investment programmeNone S1

Past investments

The fund has not published a list of investments.

Investment process

A board of experts would manage the fund, with investment decisions subject to Parliament approval and audits by the Audit Bureau and external auditors. S1

  1. Net petroleum revenue is deposited in the fund. S1
  2. Board proposes investments. S1
  3. Parliament approves investment decisions. S1

How to approach: No approach route; the fund has not been set up. S3

Size and returns

  • Headline size: No assets yet (Fund market value, as of 2026-09-01) S3
  • Returns: the fund does not publish a return figure.

Leadership

The fund does not publish named leaders.

Governance and transparency

  • Legal basis: Law No. 320 of 22 December 2023; Offshore Petroleum Resources Law No. 132 of 2010 S1
  • Oversight: Council of Ministers and Parliament S1
  • Auditor: Audit Bureau and independent external auditors S1
  • The fund has not yet been physically set up or staffed. S3

Transparency score: 1.0 of 10 (band 1 of 5). Our own 10-item rubric; see the methodology page.

  • Published: governance and mandate documents. S1
  • Not published: total assets, annual return, long-term returns, asset allocation, geographic or sector split, holdings or deal list, audited financial statements, named leadership, regular reporting schedule. S3

History

DateEvent
2010Offshore Petroleum Resources Law No. 132 requires a sovereign fund. S1
2023-07-17Finance and Budget Committee prepares a unified fund bill. S4
2023-12-22Law No. 320 enacted. S1

For family offices

Not investing. The fund depends on future commercial oil and gas output. S3

Common questions

Does the Lebanese fund hold any money?

No. It has not been set up and there is no commercial oil or gas revenue yet. S3

Who would approve its investments?

Parliament, on proposals from a board of experts. S1

When was the law passed?

Law No. 320 is dated 22 December 2023. S1

All sovereign wealth funds in Middle East · All proposed or pipeline funds · All funds in Lebanon

Sources

  1. S1InforMEA, Law No. 320/2023, Lebanese Sovereign Wealth Fund Law
  2. S2IFSWF, members list
  3. S3US State Department, 2026 Investment Climate Statement: Lebanon
  4. S4Ici Beyrouth, oil and gas: sovereign fund to be approved next week (17 July 2023)

Disclaimer

Informational only. SovereignWealthFunds.com is an independent public-source reference. It is not affiliated with or endorsed by any fund named on it, and it is not investment, legal or tax advice. Figures are as of the dates shown next to them and may have changed; please read each fund's official pages, linked on its profile. To report an error, use the contact page. Copyright SovereignWealthFunds.com. All rights reserved.

Richard C. Wilson

Talk to a human.

I'm Richard C. Wilson, founder of Family Office Club. I read the messages that come in through this site myself. Text or WhatsApp me at (808) 600-9260, or email Richard@SovereignWealthFunds.com. Thank you.

Tell me your situation