Papua New Guinea Sovereign Wealth Fund
Papua New Guinea Sovereign Wealth Fund: what it invests in
Geography Global
Papua New Guinea Sovereign Wealth Fund: how big it is, and on what basis
Papua New Guinea Sovereign Wealth Fund: what it publishes
Published 1 · Partly 2 · Not published 7
Our 10 item score. It measures what is public, not how well a fund is run.
At a glance. Papua New Guinea's Sovereign Wealth Fund was created under the Constitution and an Organic Law, amended in 2015, to hold part of the country's mining and petroleum revenue in a stabilisation fund and a savings fund. It has never become operational. A technical committee finished a review in September 2026, and the responsible minister aims to have it running before the 2027 general election. S1 S3
Key points
- Two parts: a Stabilisation Fund for revenue shortfalls and a Savings Fund for future generations. S3
- The original law sent 50 percent of mining and petroleum tax revenue to the fund. S3
- The review proposes a minimum 5 percent, rising to 10 percent when commodity prices are strong. S3
- Deposits would split 80 percent to stabilisation and 20 percent to savings. S3
- The review proposes adopting the Santiago Principles and disclosing each investment decision. S3
Interesting facts
Mandate and goals
Protect a share of mineral and petroleum wealth through stabilisation and long-term savings. S1
How it invests
| Industries | . Sector agnostic S3 |
|---|---|
| Asset classes | Not published S3 |
| Stages | Not published S3 |
| Geography | Global. Mainly offshore; domestic deals only on strict commercial and governance terms S3 |
| Direct / through funds / co-invest | No / No / No S3 |
| Ticket size | Not operating S3 |
| External managers | None yet S3 |
| Co-investment programme | None S3 |
Published criteria
Past investments
The fund has not published a list of investments.
Investment process
The minister responsible and a Technical Working Committee are preparing amendments; no board exists yet. S1 S3
| Committee | Role |
|---|---|
| Technical Working Committee | Reviewed the Organic Law, chaired by Ian Tarutia S3 |
How to approach: No approach route until the fund operates. S1
Size and returns
- Headline size: Not disclosed (Fund market value, as of 2026-09-17) S1
- Returns: the fund does not publish a return figure.
Leadership
Governance and transparency
- Legal basis: Constitution and Organic Law on the Sovereign Wealth Fund, amended 2015 S1
- Oversight: National Parliament and the responsible minister S1
- Review recommends Santiago Principles and timely disclosure of board actions. S3
Transparency score: 2.0 of 10 (band 1 of 5). Our own 10-item rubric; see the methodology page.
History
For family offices
Not investing yet; once running it would invest mostly offshore. S3
Common questions
Is the fund operating?
No; it is legislated but has not started. S1
How would it be funded?
A share of mining and petroleum revenue plus dividends and asset sales. S3
When might it start?
The minister aims for before the 2027 general election. S1
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All sovereign wealth funds in Australia and Pacific · All proposed or pipeline funds · All funds in Papua New Guinea
Sources
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.
