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List of sovereign wealth funds

This is our full list: 231 entities in 108 countries and territories. You can sort it and filter it on this page.

Each row shows the fund's name and native name, country, region, tier, type, scope label, founding year, main funding source, size with its basis and as-of date, IFSWF status, transparency score and the date we last checked it. Every row links to a full profile with sources.

The list is wider than most because we keep the grey zone visible. Alongside 78 core national funds you will find 56 sub-national funds, 67 state holding companies and development funds, 5 central bank reserve arms and 25 funds that are proposed or not yet operating. Each entity also carries a category: of the 231, 57 are strategic development funds, 41 sub-national permanent funds, 39 savings and future generations funds, 33 state holding companies, 25 proposed or pipeline funds, 17 stabilisation funds, 8 pension reserve funds, 8 reserve investment corporations and 3 fund of funds or co-investment platforms. Use the filters to narrow the list to the definition you prefer.

Two things to keep in mind. First, size figures use different bases, so do not add them up. Second, 64 entities have no comparable size figure, either because nothing is published, the fund holds no assets yet, or the only figure is committed capital or a target. Those rows say "not published".

231 shown
FundCountryTypeSize, as publishedTransparencyFounded
Government Pension Fund Global (Norway)Norway
Europe
Savings and future generations fundNOK 22,683B
Fund market value,
10.01990
Government Pension Investment Fund (GPIF)Japan
Asia
Pension reserve fundJPY 293.6T
Fund market value,
9.52006
China Investment CorporationChina
Asia
Reserve investment corporationUSD 1,567B
Total assets (balance sheet),
8.02007
GIC Private LimitedSingapore
Asia
Reserve investment corporationAbout USD 1.16T Estimate
Published estimate,
7.01981
Abu Dhabi Investment Authority (ADIA)United Arab Emirates (Abu Dhabi)
Middle East
Savings and future generations fundAbout USD 1.1T Estimate
Published estimate,
5.51976
Kuwait Investment AuthorityKuwait
Middle East
Savings and future generations fundAbout USD 1T Estimate
Published estimate,
3.51953
SAFE Investment CompanyChina
Asia
Reserve investment corporationAbout USD 1T Estimate
Published estimate,
1.51997
Public Investment Fund (PIF)Saudi Arabia
Middle East
Strategic development fundSAR 3,396B
Assets under management,
8.01971
Danantara IndonesiaIndonesia
Asia
State holding companyAbout USD 900B to USD 1T (unaudited) Estimate
Published estimate,
4.02025
Canada Pension Plan Investment BoardCanada
North America
Pension reserve fundC$863.6B
Net assets or equity,
10.01997
Qatar Investment Authority (QIA)Qatar
Middle East
Savings and future generations fundAbout USD 580B Estimate
Published estimate,
4.02005
Hong Kong Monetary Authority Exchange FundHong Kong SAR, China
Asia
Reserve investment corporationHKD 4,463.6B
Total assets (balance sheet),
8.01935
National Council for Social Security Fund (NSSF)China
Asia
Pension reserve fundRMB 3,808B
Total assets (balance sheet),
8.02000
SAMA Foreign HoldingsSaudi Arabia
Middle East
Reserve investment corporationSAR 1,827B
Total assets (balance sheet)
5.51952
Investment Corporation of Dubai (ICD)United Arab Emirates (Dubai)
Middle East
State holding companyAED 1,680B
Total assets (balance sheet),
8.02006
Turkiye Wealth Fund (TWF)Turkiye
Europe
State holding companyTRY 18,997B
Total assets (balance sheet),
7.02016
Temasek HoldingsSingapore
Asia
State holding companyS$518B
Portfolio value,
10.01974
Mubadala Investment CompanyUnited Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundAED 1,414B
Assets under management,
9.02002
ADQ and L'IMAD HoldingUnited Arab Emirates (Abu Dhabi)
Middle East
State holding companyAED 996.8B
Total assets (balance sheet),
7.02018
Korea Investment CorporationSouth Korea
Asia
Reserve investment corporationUSD 232.0B
Assets under management,
8.52005
Future Fund (Australia)Australia
Australia and Pacific
Pension reserve fundA$289.7B
Net assets or equity,
9.02006
National Development Fund of Iran (NDFI)Iran
Middle East
Strategic development fundAbout USD 195B (stated, unaudited)
Total assets (balance sheet),
3.52011
National Wealth Fund of the Russian FederationRussia
Europe
Stabilisation fundRUB 13,194.9B
Fund market value,
8.52008
XRG, ADNOC international investment company (Abu Dhabi)United Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundUSD 150B+ Estimate
Published estimate
4.02024
Dubai HoldingUnited Arab Emirates (Dubai)
Middle East
State holding companyAED 500B
Assets under management
4.52004
BpifranceFrance
Europe
Strategic development fundEUR 106.3B
Total assets (balance sheet),
9.02012
Emirates Investment Authority (EIA)United Arab Emirates
Middle East
Savings and future generations fundAbout USD 116B Estimate
Published estimate,
3.52007
LunateUnited Arab Emirates (Abu Dhabi)
Middle East
Fund of funds or co-investment platformMore than USD 115B
Assets under management,
4.02023
National Development Fund (NDF)Saudi Arabia
Middle East
Strategic development fundAbout SAR 430B
Committed or authorised capital,
4.02017
Alaska Permanent FundUnited States (Alaska)
North America
Sub-national permanent fundUSD 91.9B
Fund market value,
10.01976
Permodalan Nasional Berhad (PNB)Malaysia
Asia
State holding companyRM365.3B
Assets under management,
8.51978
Samruk-Kazyna JSCKazakhstan
Asia
State holding companyKZT 44.2T
Total assets (balance sheet),
8.52008
Queensland Investment CorporationAustralia (Queensland)
Australia and Pacific
Sub-national permanent fundA$131.6B gross AUM
Assets under management
8.01991
Dubai Investment FundUnited Arab Emirates (Dubai)
Middle East
State holding companyAbout USD 80B Estimate
Published estimate,
2.52023
NSW Treasury Corporation (TCorp)Australia (New South Wales)
Australia and Pacific
Sub-national permanent fundA$118.6B
Assets under management,
8.51983
New Mexico State Investment Council (SIC)United States (New Mexico)
North America
Sub-national permanent fundUSD 74.63B
Net assets or equity,
9.01957
National Fund of the Republic of KazakhstanKazakhstan
Asia
Savings and future generations fundUSD 73.8B
Fund market value,
7.52000
State Oil Fund of the Republic of Azerbaijan (SOFAZ)Azerbaijan
Asia
Savings and future generations fundUSD 72.6B
Total assets (balance sheet),
9.01999
National Development Fund (Taiwan)Taiwan
Asia
Strategic development fundNT$2,098.5B
Total assets (balance sheet),
8.02006
Victorian Funds Management Corporation (VFMC)Australia (Victoria)
Australia and Pacific
Sub-national permanent fundAUD 95.3B
Assets under management,
8.51994
Texas Permanent School FundUnited States (Texas)
North America
Sub-national permanent fundUSD 60.6B
Net assets or equity,
9.51845
Oman Investment Authority (OIA)Oman
Middle East
Strategic development fundOMR 22.922B
Total assets (balance sheet),
7.52020
New Zealand Superannuation FundNew Zealand
Australia and Pacific
Pension reserve fundNZ$94.4B
Fund market value,
9.52001
Libyan Investment AuthorityLibya
Africa
Savings and future generations fundAbout USD 51.8B (direct portfolio incl. cash)
Portfolio value,
7.02006
MGXUnited Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundUSD 49B
Committed or authorised capital,
5.02024
Ethiopian Investment HoldingsEthiopia
Africa
State holding companyAbout USD 45B Estimate
Published estimate,
5.52021
Folketrygdfondet (Government Pension Fund Norway)Norway
Europe
Pension reserve fundNOK 429B
Assets under management,
9.01967
Texas Permanent University Fund (PUF)United States (Texas)
North America
Sub-national permanent fundUSD 40.29B
Net assets or equity,
9.01876
Khazanah Nasional BerhadMalaysia
Asia
State holding companyRM156B
Total assets (balance sheet),
9.01993
Baiterek National Investment HoldingKazakhstan
Asia
Strategic development fundKZT 19,047.6B
Total assets (balance sheet),
9.52013
National Wealth FundUnited Kingdom
Europe
Strategic development fundGBP 27.8B
Committed or authorised capital,
9.02021
Oesterreichische Beteiligungs AG (OBAG)Austria
Europe
State holding companyEUR 30.05B
Portfolio value,
8.51967
Hong Kong Future FundHong Kong SAR, China
Asia
Savings and future generations fundHK$235.1B
Fund market value,
4.02016
KENFO, Nuclear Waste Disposal Fund (Germany)Germany
Europe
Savings and future generations fundEUR 25,577M
Fund market value,
10.02017
Texas Economic Stabilization Fund (Rainy Day Fund)United States (Texas)
North America
Stabilisation fundUSD 24.8B
Fund market value,
4.51988
Beijing State-owned Assets Management Co., Ltd.China (Beijing)
Asia
State holding companyRMB 171.92B total assets
Total assets (balance sheet),
6.51992
U.S. International Development Finance CorporationUnited States
North America
Strategic development fundUSD 23.6B total assets
Total assets (balance sheet),
9.02019
Alberta Heritage Savings Trust FundCanada (Alberta)
North America
Sub-national permanent fundC$31.9B
Net assets or equity,
8.51976
Crown Investments Corporation of Saskatchewan (CIC)Canada (Saskatchewan)
North America
State holding companyC$26,852.8M
Total assets (balance sheet),
9.01947
Mumtalakat Holding CompanyBahrain
Middle East
State holding companyBHD 7.22B
Total assets (balance sheet),
7.52006
Ireland Strategic Investment Fund (ISIF)Ireland
Europe
Strategic development fundEUR 16.1B
Net assets or equity,
9.02014
Timor-Leste Petroleum FundTimor-Leste
Australia and Pacific
Savings and future generations fundUSD 18.61B
Fund market value,
10.02005
Sociedad Estatal de Participaciones IndustrialesSpain
Europe
State holding companyEUR 15.01B
Portfolio value,
7.01995
Japan Investment Corporation (JIC)Japan
Asia
Strategic development fundJPY 2.60T
Committed or authorised capital,
6.52018
Mutapa Investment Fund (Zimbabwe)Zimbabwe
Africa
State holding companyUSD 16.5B
Total assets (balance sheet),
8.02014
Slovenian Sovereign HoldingSlovenia
Europe
State holding companyEUR 14.0B
Portfolio value,
8.52014
North Dakota Legacy FundUnited States (North Dakota)
North America
Sub-national permanent fundUSD 15.10B
Net assets or equity,
9.02010
Future Ireland FundIreland
Europe
Savings and future generations fundEUR 12.7B
Fund market value,
8.52024
Espana Crece (ICO programme)Spain
Europe
Strategic development fundEUR 13.3B
Committed or authorised capital,
4.52026
CDP Equity S.p.A.Italy
Europe
Strategic development fundEUR 12.44B total assets
Total assets (balance sheet),
7.52011
Polish Development Fund (PFR)Poland
Europe
Strategic development fundPLN 49.77B
Total assets (balance sheet),
7.02012
Federal Holding and Investment Company (SFPIM / FPIM), BelgiumBelgium
Europe
State holding companyEUR 11,679M
Total assets (balance sheet),
7.01962
Permanent Wyoming Mineral Trust FundUnited States (Wyoming)
North America
Sub-national permanent fundUSD 13.02B
Fund market value,
6.51974
Growthfund (Hellenic Corporation of Assets and Participations S.A.)Greece
Europe
State holding companyEUR 12.3B AUM (2024)
Assets under management,
8.52016
Parpublica (Portugal)Portugal
Europe
State holding companyEUR 10.82B
Total assets (balance sheet),
8.52000
NSW Generations FundAustralia (New South Wales)
Australia and Pacific
Sub-national permanent fundA$18.921B
Fund market value,
7.02018
Export and Investment Fund of Denmark (EIFO)Denmark
Europe
Strategic development fundDKK 76.5B
Total assets (balance sheet),
8.02022
Quebec Generations FundCanada (Quebec)
North America
Sub-national permanent fundC$16.64B
Fund market value,
6.52006
Tamilnadu Industrial Development Corporation Ltd (TIDCO)India (Tamil Nadu)
Asia
State holding companyINR 103,607 crore
Fair value of state company holdings,
5.01965
Arizona Permanent Land Endowment Trust FundUnited States (Arizona)
North America
Sub-national permanent fundUSD 11.4B
Fund market value,
4.51912
CNIC Corporation LimitedHong Kong SAR, China
Asia
Strategic development fundUSD 11.1B capital
Committed or authorised capital
1.52012
Pension Reserve Fund (Fondo de Reserva de Pensiones)Chile
Latin America and Caribbean
Pension reserve fundUSD 10.71B
Fund market value,
9.02006
Solidium OyFinland
Europe
State holding companyEUR 9.1B (end 2025)
Portfolio value
10.02008
China-Africa Development Fund (CADFund)China
Asia
Strategic development fundUSD 10B fund scale
Committed or authorised capital,
2.52007
Russian Direct Investment Fund (RDIF)Russia
Europe
Fund of funds or co-investment platformUSD 10B
Committed or authorised capital,
3.02011
British International Investment (BII)United Kingdom
Europe
Strategic development fundGBP 6,641.2M
Portfolio value,
9.01948
North Dakota Common Schools Trust FundUnited States (North Dakota)
North America
Sub-national permanent fundUSD 8.87B
Total assets (balance sheet),
6.01889
British Business BankUnited Kingdom
Europe
Strategic development fundGBP 6.01B
Total assets (balance sheet),
9.02014
Hong Kong Investment Corporation (HKIC)Hong Kong SAR, China
Asia
Strategic development fundHK$62B
Committed or authorised capital
6.02022
Budgetary Income Stabilization FundMexico
Latin America and Caribbean
Stabilisation fundMXN 136.6B
Fund market value,
5.52000
Constitutional Reserve FundMonaco
Europe
Reserve investment corporationEUR 7.28B
Total assets (balance sheet),
6.01962
COFIDES (Spanish Development Finance Company)Spain
Europe
Strategic development fundEUR 6.0B
Assets under management,
8.01988
Indonesia Investment AuthorityIndonesia
Asia
Strategic development fundRp111.0tn
Total assets (balance sheet),
9.02021
Wyoming Common School Permanent Land FundUnited States (Wyoming)
North America
Sub-national permanent fundUSD 6.62B
Fair value of state company holdings,
6.5
Heritage and Stabilisation Fund (Trinidad and Tobago)Trinidad and Tobago
Latin America and Caribbean
Stabilisation fundUSD 6.25B
Net assets or equity,
9.02007
Wallonie EntreprendreBelgium (Walloon Region)
Europe
Strategic development fundEUR 4.98B equity (31 Dec 2025)
Net assets or equity,
4.52023
Kumpulan Wang Amanah Negara (National Trust Fund)Malaysia
Asia
Savings and future generations fundRM22.43B (end 2024)
Total assets (balance sheet)
2.51988
National Investment and Infrastructure Fund (NIIF), IndiaIndia
Asia
Strategic development fundUSD 5B+
Committed or authorised capital,
6.02015
Awqaf and Islamic Affairs Fund (Kuwait)Kuwait
Middle East
Savings and future generations fundKWD 1.47B
Portfolio value,
2.01993
Infrastructure, Climate and Nature FundIreland
Europe
Stabilisation fundAbout EUR 4.1B (end 2025)
Fund market value,
8.52024
Fundo Soberano de Angola (FSDEA)Angola
Africa
Savings and future generations fundUSD 4.72B
Total assets (balance sheet),
7.52011
Savings and Stabilization Fund (FAE), ColombiaColombia
Latin America and Caribbean
Stabilisation fundUSD 4,588.5M
Total assets (balance sheet),
5.52012
Druk Holding and InvestmentsBhutan
Asia
State holding companyNu 402.17B
Total assets (balance sheet),
7.52007
Natural Resource Fund (Guyana)Guyana
Latin America and Caribbean
Savings and future generations fundUSD 4.29B
Fund market value,
8.52019
Caisse des Depots et Consignations TunisiaTunisia
Africa
Strategic development fundTND 13.52B
Total assets (balance sheet),
8.02011
Alabama Trust FundUnited States (Alabama)
North America
Sub-national permanent fundUSD 4.19B
Fund market value,
8.51985
Utah School and Institutional Trust Funds Office (SITFO)United States (Utah)
North America
Sub-national permanent fundUSD 4.05B
Net assets or equity,
8.52014
Royal Bafokeng HoldingsSouth Africa (Royal Bafokeng Nation, North West province)
Africa
Savings and future generations fundR66B
Net assets or equity,
8.52006
Economic and Social Stabilization Fund (FEES), ChileChile
Latin America and Caribbean
Stabilisation fundUSD 3,885.14M
Fair value of state company holdings,
9.02007
Micronesia and Marshall Islands Trust FundsMicronesia and Marshall Islands
Australia and Pacific
Savings and future generations fundUSD 3.78B
Net assets or equity,
7.52004
Tesi (Finnish Industry Investment Ltd)Finland
Europe
Fund of funds or co-investment platformEUR 3.2B
Assets under management,
9.51995
Investissement QuébecCanada (Quebec)
North America
Strategic development fundC$5.1B equity (31 March 2026)
Net assets or equity,
8.51998
Idaho Endowment Fund Investment Board (EFIB)United States (Idaho)
North America
Sub-national permanent fundUSD 3,588.7M
Fund market value,
8.51969
Gulf Investment Corporation (GIC), KuwaitKuwait
Middle East
Strategic development fundUSD 3.50B
Total assets (balance sheet),
9.51983
National Investment Corporation of the National Bank of KazakhstanKazakhstan
Asia
Reserve investment corporationUSD 3.4B
Assets under management,
4.02012
Nigeria Sovereign Investment AuthorityNigeria
Africa
Strategic development fundUSD 3.40B NAV
Net assets or equity,
8.02011
Armed Forces Fund BoardMalaysia
Asia
Pension reserve fundRM13.36B
Assets under management,
5.51972
Fiscal Stabilization Fund of PeruPeru
Latin America and Caribbean
Stabilisation fundUSD 3,214.38M
Fund market value,
8.01999
Fondo de Ahorro de Panama (Panama Savings Fund)Panama
Latin America and Caribbean
Savings and future generations fundB/. 3,084.8M (USD 3.08B)
Net assets or equity,
9.52012
Oklahoma Commissioners of the Land OfficeUnited States (Oklahoma)
North America
Sub-national permanent fundUSD 2.96B
Fund market value,
6.01907
Oregon Common School FundUnited States (Oregon)
North America
Sub-national permanent fundUSD 2,878.1M
Fair value of state company holdings,
7.51859
Citizens Fund (Israel)Israel
Middle East
Savings and future generations fundUSD 2.79B
Net assets or equity,
9.52014
State Capital Investment CorporationVietnam
Asia
State holding companyVND 72,474bn total assets (end 2025)
Total assets (balance sheet),
8.52005
Minnesota Permanent School FundUnited States (Minnesota)
North America
Sub-national permanent fundUSD 2.40B (31 March 2026)
Fund market value,
6.5
Maharlika Investment Corporation (MIC)Philippines
Asia
Strategic development fundPHP 128.23B
Total assets (balance sheet),
6.52023
Chinggis Khaan Sovereign Wealth Fund (Mongolia)Mongolia
Asia
Savings and future generations fundMNT 7.5T
Fund market value,
6.52025
Sarawak Sovereign Wealth Future FundMalaysia (Sarawak)
Asia
Savings and future generations fundRM 8.6B
Fund market value,
2.52022
Pula Fund (Botswana, Bank of Botswana)Botswana
Africa
Savings and future generations fundBWP 27.87B
Fund market value,
7.51994
Fonds Gabonais d'Investissements StrategiquesGabon
Africa
Strategic development fundAbout USD 1.9B
Portfolio value,
7.02012
Colorado Public School Fund Investment BoardUnited States (Colorado)
North America
Sub-national permanent fundUSD 1.85B
Fund market value,
5.5
Deposit and Consignment Fund of BeninBenin
Africa
Strategic development fundXOF 1,062B
Total assets (balance sheet),
7.02018
Louisiana Education Quality Trust Fund (8(g))United States (Louisiana)
North America
Sub-national permanent fundUSD 1,768.5M
Fund market value,
5.01986
Oklahoma Tobacco Settlement Endowment TrustUnited States (Oklahoma)
North America
Sub-national permanent fundUSD 1.72B
Fund market value,
5.52000
Ghana Petroleum Funds (Ghana Stabilisation Fund and Ghana Heritage Fund)Ghana
Africa
Stabilisation fundUSD 1.64B (30 June 2026)
Fund market value,
9.02011
Wisconsin Board of Commissioners of Public Lands (Common School Fund)United States (Wisconsin)
North America
Sub-national permanent fundUSD 1.56B (30 June 2025)
Total assets (balance sheet),
5.01848
Mohammed VI Investment Fund (FM6I)Morocco
Africa
Strategic development fundMAD 15B initial capital
Committed or authorised capital
4.02020
Nunavut TrustCanada (Nunavut)
North America
Sub-national permanent fundC$2.07B
Net assets or equity,
5.51990
Montana Coal Severance Tax Trust FundUnited States (Montana)
North America
Sub-national permanent fundUSD 1,323.3M
Fair value of state company holdings,
6.5
Mauritius Investment Corporation Ltd (MIC)Mauritius
Africa
Strategic development fundMUR 57.5B
Committed or authorised capital,
7.52020
Western Australian Future FundAustralia (Western Australia)
Australia and Pacific
Sub-national permanent fundA$1.90B
Portfolio value,
5.52012
Fund for the Productive Industrial Revolution (FINPRO)Bolivia
Latin America and Caribbean
Strategic development fundUSD 1.2B initial capital
Committed or authorised capital,
2.02012
Revenue Equalization Reserve FundKiribati
Australia and Pacific
Savings and future generations fundA$1.74B
Fund market value,
5.51956
Mexican Petroleum Fund for Stabilization and DevelopmentMexico
Latin America and Caribbean
Savings and future generations fundUSD 1,192.3M
Fund market value,
8.02013
North Dakota Strategic Investment and Improvements Fund (SIIF)United States (North Dakota)
North America
Strategic development fundUSD 1.16B
Fund market value,
5.02011
Bahrain Future Generations Reserve FundBahrain
Middle East
Savings and future generations fundUSD 1.11B
Total assets (balance sheet),
6.52006
Nebraska Permanent School Fund (Board of Educational Lands and Funds)United States (Nebraska)
North America
Sub-national permanent fundUSD 1,081.3M
Fair value of state company holdings,
5.51867
National Made in Italy Fund (FNMI)Italy
Europe
Strategic development fundEUR 900M
Committed or authorised capital,
4.52023
National Development and Social Fund (Malta)Malta
Europe
Strategic development fundEUR 846.7M
Net assets or equity,
9.52015
Palestine Investment Fund P.L.C.Palestine
Middle East
Strategic development fundUSD 935.3M total assets (end 2025)
Total assets (balance sheet),
8.52003
Luxembourg Intergenerational Sovereign Fund (FSIL)Luxembourg
Europe
Savings and future generations fundEUR 784.3M (end 2025)
Total assets (balance sheet)
9.52014
Alaska Mental Health Trust Authority Trust FundUnited States (Alaska)
North America
Sub-national permanent fundUSD 754.5M
Fund market value,
6.51994
Michigan Natural Resources Trust FundUnited States (Michigan)
North America
Sub-national permanent fundUSD 725.6M Estimate
Published estimate,
5.01976
Native Hawaiian Trust Fund (Office of Hawaiian Affairs)United States (Hawaii)
North America
Sub-national permanent fundUSD 656M
Fund market value,
6.51978
Fundo Soberano do Estado do Espirito Santo (FUNSES)Brazil (Espírito Santo)
Latin America and Caribbean
Strategic development fundR$ 2.93B
Fund market value,
7.52019
Ghana Infrastructure Investment FundGhana
Africa
Strategic development fundGHS 7.83B
Total assets (balance sheet),
7.5
Ontario First Nations Sovereign Wealth FundCanada (Ontario)
North America
Savings and future generations fundC$634.2M
Portfolio value,
1.52018
Marica Sovereign FundBrazil (Marica, Rio de Janeiro)
Latin America and Caribbean
Sub-national permanent fundR$ 2.10B
Fund market value,
4.52017
Agaciro Development FundRwanda
Africa
Strategic development fundFRW 456B
Assets under management
7.02012
Fundo Soberano do Estado do Rio de JaneiroBrazil (Rio de Janeiro)
Latin America and Caribbean
Strategic development fundR$ 2.07B
Fund market value,
3.02022
Dakota Cement Trust (South Dakota)United States (South Dakota)
North America
Sub-national permanent fundUSD 392.3M
Fund market value,
5.52001
Indiana Common School FundUnited States (Indiana)
North America
Sub-national permanent fundUSD 390.7M
Fund market value,
3.5
WafraKuwait
Middle East
State holding companyKD 119.0M
Net assets or equity,
4.01994
Fundo de Equalizacao da Receita de NiteroiBrazil (Niteroi, Rio de Janeiro state)
Latin America and Caribbean
Sub-national permanent fundBRL 1.75B
Net assets or equity,
9.02019
Washington Permanent Common School FundUnited States (Washington)
North America
Sub-national permanent fundUSD 292.1M (31 March 2026)
Fund market value,
7.5
Eswatini Sovereign Wealth Fund
Announced
Eswatini
Africa
Proposed or pipeline fundE5B planned (about USD 275M)
Announced target, not current assets,
0.0
Intergenerational Trust Fund for the People of the Republic of NauruNauru
Australia and Pacific
Savings and future generations fundA$421.8M investments (30 June 2025)
Portfolio value
7.52015
Tuvalu Trust FundTuvalu
Australia and Pacific
Savings and future generations fundAUD 311.4M
Fund market value,
6.01987
National Fund for Hydrocarbon Revenues (Mauritania)Mauritania
Africa
Stabilisation fundUSD 214.5M
Total assets (balance sheet),
6.52006
JSC Development Fund of Georgia (DFG)
Dormant
Georgia
Asia
Strategic development fundGEL 473.1M
Total assets (balance sheet),
6.52011
Fundo Soberano de Mocambique (FSM)Mozambique
Africa
Savings and future generations fundUSD 144.4M
Fund market value,
7.52024
Sovereign Private Investment Guarantee Fund of Cabo VerdeCape Verde
Africa
Strategic development fundECV 11.55B
Total assets (balance sheet),
8.02019
Turks and Caicos National Wealth FundTurks and Caicos Islands
Latin America and Caribbean
Savings and future generations fundUSD 98M
Fund market value,
3.02017
Fund for Future Generations (Equatorial Guinea)Equatorial Guinea
Africa
Savings and future generations fundFCFA 57B (USD 95.2M) Estimate
Published estimate,
1.02002
Tanzania Oil and Gas Fund (Natural Gas Revenue Fund)
Legislated, not yet investing
Tanzania
Africa
Proposed or pipeline fundTZS 190.94B
Fund market value,
2.52015
Petroleum Revenue Investment Reserve (Uganda)Uganda
Africa
Savings and future generations fundUGX 212.6B
Fund market value,
4.02015
Malta Government InvestmentsMalta
Europe
State holding companyEUR 44.9M
Total assets (balance sheet),
6.52014
Northwest Territories Heritage FundCanada (Northwest Territories)
North America
Sub-national permanent fundC$52.5M (31 March 2025)
Net assets or equity,
7.52012
Welwitschia Fund (Sovereign Wealth Fund for Namibia)Namibia
Africa
Savings and future generations fundN$508.47M (31 July 2026)
Fund market value,
5.52022
Kahnawake Sovereign Wealth FundCanada (Kahnawake Mohawk Territory, Quebec)
North America
Sub-national permanent fundCAD 40.4M
Fund market value,
5.52024
Macroeconomic Stabilization Fund of VenezuelaVenezuela
Latin America and Caribbean
Stabilisation fundUSD 3M
Total assets (balance sheet),
3.51998
Bhutan Economic Stabilization Fund (BESF)Bhutan
Asia
Stabilisation fundNu 167M
Fund market value,
1.52018
Congo Budget Revenue Stabilization FundRepublic of the Congo
Africa
Stabilisation fundFCFA 1,131M (about USD 2.0M)
Total assets (balance sheet),
1.0
Abu Dhabi Fund for DevelopmentUnited Arab Emirates (Abu Dhabi)
Middle East
Strategic development fundNot disclosed
Total assets (balance sheet),
5.01971
Azerbaijan Investment HoldingAzerbaijan
Asia
State holding companyNot published
Total assets (balance sheet)
4.02020
Bangladesh National Citizen Wealth Fund (proposed)
Proposed
Bangladesh
Asia
Proposed or pipeline fundNot created
Announced target, not current assets,
0.0
Bayelsa State Development and Investment CorporationNigeria (Bayelsa State)
Africa
Strategic development fundNot disclosed Estimate
Published estimate,
1.52012
Botswana Sovereign Wealth Fund (BSWF)
Legislated, not yet investing
Botswana
Africa
Proposed or pipeline fundNot yet capitalised
Committed or authorised capital,
2.02025
Brunei Investment Agency (BIA)Brunei Darussalam
Asia
Savings and future generations fundNot disclosed Estimate
Published estimate,
1.51983
Canada Strong Fund
Announced
Canada
North America
Proposed or pipeline fundC$25B announced
Announced target, not current assets,
1.0
Ciyada Development Fund
Proposed
Kuwait
Middle East
Proposed or pipeline fundNot disclosed
Announced target, not current assets
0.0
Cyprus National Investment Fund
Legislated, not yet investing
Cyprus
Europe
Proposed or pipeline fundNot disclosed
Fund market value
1.52019
Dubai WorldUnited Arab Emirates (Dubai)
Middle East
State holding companyNot disclosed
Total assets (balance sheet)
2.52006
EDGE GroupUnited Arab Emirates (Abu Dhabi)
Middle East
State holding companyNot disclosed Estimate
Published estimate
3.52019
Ekiti State Wealth FundNigeria (Ekiti State)
Africa
Strategic development fundNot published
Fund market value
1.02023
Fonds Souverain d'Investissements StrategiquesSenegal
Africa
Strategic development fundNot disclosed Estimate
Published estimate,
5.52012
Fonds Souverain de Guinee (proposed)
Proposed
Guinea
Africa
Proposed or pipeline fundNot yet capitalised
Announced target, not current assets,
1.5
Forum of Brazilian Sovereign Funds (FFSB)Brazil
Latin America and Caribbean
Sub-national permanent fundNo assets (network)
Fund market value
3.02022
Fujairah HoldingUnited Arab Emirates (Fujairah)
Middle East
State holding companyNot published Estimate
Published estimate
0.5
Fund for Reconstruction and Development of the Republic of UzbekistanUzbekistan
Asia
Strategic development fundNot disclosed
Total assets (balance sheet)
5.52006
Ilhabela Sovereign FundBrazil (Ilhabela, Sao Paulo)
Latin America and Caribbean
Sub-national permanent fundNot disclosed Estimate
Published estimate,
1.52018
Ithmar CapitalMorocco
Africa
Strategic development fundNot disclosed
Total assets (balance sheet)
5.02011
Japan Sovereign Wealth Fund (proposed)
Proposed
Japan
Asia
Proposed or pipeline fundNot established Estimate
Published estimate,
0.5
Jordan Public Investment Fund (proposed)
Proposed
Jordan
Middle East
Proposed or pipeline fundNo assets
Fund market value,
0.0
Kenya Sovereign Wealth Fund
Legislated, not yet investing
Kenya
Africa
Proposed or pipeline fundNot disclosed
Fund market value,
1.52026
Lagos State Wealth Fund
Proposed
Nigeria (Lagos State)
Africa
Proposed or pipeline fundNot created
Announced target, not current assets,
0.0
Lebanese Sovereign Wealth Fund
Legislated, not yet investing
Lebanon
Middle East
Proposed or pipeline fundNo assets yet
Fund market value,
1.02023
Little Red River Cree Nation Sovereign Wealth FundCanada (Alberta (Little Red River Cree Nation))
North America
Savings and future generations fundNot published
Fund market value,
2.52018
Minerals Income Investment Fund (MIIF)Ghana
Africa
Savings and future generations fundNot published
Total assets (balance sheet)
3.52018
Mongolia Fiscal Stability FundMongolia
Asia
Stabilisation fundNot published
Fund market value
2.02010
National Investment Fund (The Bahamas)
Legislated, not yet investing
The Bahamas
Latin America and Caribbean
Proposed or pipeline fundNot disclosed
Fund market value,
2.02022
National Security Strategic Investment FundUnited Kingdom
Europe
Strategic development fundNot disclosed
Committed or authorised capital
3.02018
Nauru Phosphate Royalties Trust
Dormant
Nauru
Australia and Pacific
Savings and future generations fundNot published
Fund market value,
1.01968
Pakistan Sovereign Wealth Fund
Legislated, not yet investing
Pakistan
Asia
State holding companyNot operating
Announced target, not current assets,
2.02023
Papua New Guinea Sovereign Wealth Fund
Legislated, not yet investing
Papua New Guinea
Australia and Pacific
Proposed or pipeline fundNot disclosed
Fund market value,
2.02012
Revenue Regulation Fund (Algeria)Algeria
Africa
Stabilisation fundDZD 0.01
Fund market value,
3.52000
Saint Kitts and Nevis Sovereign Wealth and Resilience Fund
Legislated, not yet investing
Saint Kitts and Nevis
Latin America and Caribbean
Proposed or pipeline fundNo assets yet
Fund market value,
2.0
Saskatchewan Sovereign Fund (proposed)
Proposed
Canada (Saskatchewan)
North America
Proposed or pipeline fundNo assets
Announced target, not current assets,
0.0
Saudi Technology Development and Investment Company (TAQNIA)Saudi Arabia
Middle East
Strategic development fundNot published
Total assets (balance sheet)
0.52011
Savings and Stabilisation Fund Suriname
Legislated, not yet investing
Suriname
Latin America and Caribbean
Proposed or pipeline fundNot yet funded
Fund market value,
1.52024
Sentosa Development CorporationSingapore
Asia
State holding companyNot published
Total assets (balance sheet)
3.51972
Sharjah Asset ManagementUnited Arab Emirates (Emirate of Sharjah)
Middle East
Strategic development fundNot published
Total assets (balance sheet)
3.02008
South Africa Sovereign Wealth Fund (proposed)
Proposed
South Africa
Africa
Proposed or pipeline fundNot established Estimate
Published estimate,
0.0
South Sudan Oil Revenue Stabilization Fund
Legislated, not yet investing
South Sudan
Africa
Proposed or pipeline fundNot disclosed
Fund market value
1.02013
Sovereign Fund of the Republic of Kosovo
Legislated, not yet investing
Kosovo
Europe
Proposed or pipeline fundNot operating
Announced target, not current assets,
0.5
Stabilization Fund of TurkmenistanTurkmenistan
Asia
Stabilisation fundNot disclosed Estimate
Published estimate,
1.02008
Taiwan National Stabilization FundTaiwan
Asia
Stabilisation fundNT$500B funding ceiling
Committed or authorised capital,
5.02000
Taiwan Sovereign Wealth Fund (proposed)
Announced
Taiwan
Asia
Proposed or pipeline fundNo assets
Announced target, not current assets
0.0
Tanzania Minerals Sovereign Wealth Fund (announced)
Announced
Tanzania
Africa
Proposed or pipeline fundNo assets
Announced target, not current assets,
0.0
The Sovereign Fund of EgyptEgypt
Middle East
Strategic development fundNot disclosed Estimate
Published estimate
4.02018
United States Sovereign Wealth Fund (proposed)
Proposed
United States
North America
Proposed or pipeline fundNot created
Announced target, not current assets,
0.5
Zambia Sovereign Wealth Fund (proposed)
Announced
Zambia
Africa
Proposed or pipeline fundNo assets
Announced target, not current assets,
0.0

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