Sovereign wealth funds: No size in US dollars
Our size pages group funds into four bands: over US$100bn, US$10bn to US$100bn, US$1bn to US$10bn, and under US$1bn. Of the 166 operating funds that have a comparable size figure, 28 sit in the top band, 49 in the second, 56 in the third and 33 in the smallest, using the headline figure shown in each profile.
Please read these bands with care. A fund's band depends on the figure we show, and figures come from different sources: 134 entities have a figure from the fund's own reports or audited accounts, and 33 have a press report or an estimate. Another 64 have no comparable figure. Some figures are portfolio values, some are group balance sheets, and some are converted from local currency on a stated date.
That is why every row shows its basis and date, and why we never publish a total for a band. If a fund sits near the line between two bands, a different source could move it.
No size in US dollars (49)
| Fund | Country | Type | Size, as published | Transparency | Founded |
|---|---|---|---|---|---|
| Abu Dhabi Fund for Development | United Arab Emirates (Abu Dhabi) Middle East | Strategic development fund | Not disclosed Total assets (balance sheet), | 5.0 | 1971 |
| Azerbaijan Investment Holding | Azerbaijan Asia | State holding company | Not published Total assets (balance sheet) | 4.0 | 2020 |
| Bangladesh National Citizen Wealth Fund (proposed) Proposed | Bangladesh Asia | Proposed or pipeline fund | Not created Announced target, not current assets, | 0.0 | |
| Bayelsa State Development and Investment Corporation | Nigeria (Bayelsa State) Africa | Strategic development fund | Not disclosed Estimate Published estimate, | 1.5 | 2012 |
| Botswana Sovereign Wealth Fund (BSWF) Legislated, not yet investing | Botswana Africa | Proposed or pipeline fund | Not yet capitalised Committed or authorised capital, | 2.0 | 2025 |
| Brunei Investment Agency (BIA) | Brunei Darussalam Asia | Savings and future generations fund | Not disclosed Estimate Published estimate, | 1.5 | 1983 |
| Canada Strong Fund Announced | Canada North America | Proposed or pipeline fund | C$25B announced Announced target, not current assets, | 1.0 | |
| Ciyada Development Fund Proposed | Kuwait Middle East | Proposed or pipeline fund | Not disclosed Announced target, not current assets | 0.0 | |
| Cyprus National Investment Fund Legislated, not yet investing | Cyprus Europe | Proposed or pipeline fund | Not disclosed Fund market value | 1.5 | 2019 |
| Dubai World | United Arab Emirates (Dubai) Middle East | State holding company | Not disclosed Total assets (balance sheet) | 2.5 | 2006 |
| EDGE Group | United Arab Emirates (Abu Dhabi) Middle East | State holding company | Not disclosed Estimate Published estimate | 3.5 | 2019 |
| Ekiti State Wealth Fund | Nigeria (Ekiti State) Africa | Strategic development fund | Not published Fund market value | 1.0 | 2023 |
| Fonds Souverain d'Investissements Strategiques | Senegal Africa | Strategic development fund | Not disclosed Estimate Published estimate, | 5.5 | 2012 |
| Fonds Souverain de Guinee (proposed) Proposed | Guinea Africa | Proposed or pipeline fund | Not yet capitalised Announced target, not current assets, | 1.5 | |
| Forum of Brazilian Sovereign Funds (FFSB) | Brazil Latin America and Caribbean | Sub-national permanent fund | No assets (network) Fund market value | 3.0 | 2022 |
| Fujairah Holding | United Arab Emirates (Fujairah) Middle East | State holding company | Not published Estimate Published estimate | 0.5 | |
| Fund for Reconstruction and Development of the Republic of Uzbekistan | Uzbekistan Asia | Strategic development fund | Not disclosed Total assets (balance sheet) | 5.5 | 2006 |
| Ilhabela Sovereign Fund | Brazil (Ilhabela, Sao Paulo) Latin America and Caribbean | Sub-national permanent fund | Not disclosed Estimate Published estimate, | 1.5 | 2018 |
| Ithmar Capital | Morocco Africa | Strategic development fund | Not disclosed Total assets (balance sheet) | 5.0 | 2011 |
| Japan Sovereign Wealth Fund (proposed) Proposed | Japan Asia | Proposed or pipeline fund | Not established Estimate Published estimate, | 0.5 | |
| Jordan Public Investment Fund (proposed) Proposed | Jordan Middle East | Proposed or pipeline fund | No assets Fund market value, | 0.0 | |
| Kenya Sovereign Wealth Fund Legislated, not yet investing | Kenya Africa | Proposed or pipeline fund | Not disclosed Fund market value, | 1.5 | 2026 |
| Lagos State Wealth Fund Proposed | Nigeria (Lagos State) Africa | Proposed or pipeline fund | Not created Announced target, not current assets, | 0.0 | |
| Lebanese Sovereign Wealth Fund Legislated, not yet investing | Lebanon Middle East | Proposed or pipeline fund | No assets yet Fund market value, | 1.0 | 2023 |
| Little Red River Cree Nation Sovereign Wealth Fund | Canada (Alberta (Little Red River Cree Nation)) North America | Savings and future generations fund | Not published Fund market value, | 2.5 | 2018 |
| Minerals Income Investment Fund (MIIF) | Ghana Africa | Savings and future generations fund | Not published Total assets (balance sheet) | 3.5 | 2018 |
| Mongolia Fiscal Stability Fund | Mongolia Asia | Stabilisation fund | Not published Fund market value | 2.0 | 2010 |
| National Investment Fund (The Bahamas) Legislated, not yet investing | The Bahamas Latin America and Caribbean | Proposed or pipeline fund | Not disclosed Fund market value, | 2.0 | 2022 |
| National Security Strategic Investment Fund | United Kingdom Europe | Strategic development fund | Not disclosed Committed or authorised capital | 3.0 | 2018 |
| Nauru Phosphate Royalties Trust Dormant | Nauru Australia and Pacific | Savings and future generations fund | Not published Fund market value, | 1.0 | 1968 |
| Pakistan Sovereign Wealth Fund Legislated, not yet investing | Pakistan Asia | State holding company | Not operating Announced target, not current assets, | 2.0 | 2023 |
| Papua New Guinea Sovereign Wealth Fund Legislated, not yet investing | Papua New Guinea Australia and Pacific | Proposed or pipeline fund | Not disclosed Fund market value, | 2.0 | 2012 |
| Revenue Regulation Fund (Algeria) | Algeria Africa | Stabilisation fund | DZD 0.01 Fund market value, | 3.5 | 2000 |
| Saint Kitts and Nevis Sovereign Wealth and Resilience Fund Legislated, not yet investing | Saint Kitts and Nevis Latin America and Caribbean | Proposed or pipeline fund | No assets yet Fund market value, | 2.0 | |
| Saskatchewan Sovereign Fund (proposed) Proposed | Canada (Saskatchewan) North America | Proposed or pipeline fund | No assets Announced target, not current assets, | 0.0 | |
| Saudi Technology Development and Investment Company (TAQNIA) | Saudi Arabia Middle East | Strategic development fund | Not published Total assets (balance sheet) | 0.5 | 2011 |
| Savings and Stabilisation Fund Suriname Legislated, not yet investing | Suriname Latin America and Caribbean | Proposed or pipeline fund | Not yet funded Fund market value, | 1.5 | 2024 |
| Sentosa Development Corporation | Singapore Asia | State holding company | Not published Total assets (balance sheet) | 3.5 | 1972 |
| Sharjah Asset Management | United Arab Emirates (Emirate of Sharjah) Middle East | Strategic development fund | Not published Total assets (balance sheet) | 3.0 | 2008 |
| South Africa Sovereign Wealth Fund (proposed) Proposed | South Africa Africa | Proposed or pipeline fund | Not established Estimate Published estimate, | 0.0 | |
| South Sudan Oil Revenue Stabilization Fund Legislated, not yet investing | South Sudan Africa | Proposed or pipeline fund | Not disclosed Fund market value | 1.0 | 2013 |
| Sovereign Fund of the Republic of Kosovo Legislated, not yet investing | Kosovo Europe | Proposed or pipeline fund | Not operating Announced target, not current assets, | 0.5 | |
| Stabilization Fund of Turkmenistan | Turkmenistan Asia | Stabilisation fund | Not disclosed Estimate Published estimate, | 1.0 | 2008 |
| Taiwan National Stabilization Fund | Taiwan Asia | Stabilisation fund | NT$500B funding ceiling Committed or authorised capital, | 5.0 | 2000 |
| Taiwan Sovereign Wealth Fund (proposed) Announced | Taiwan Asia | Proposed or pipeline fund | No assets Announced target, not current assets | 0.0 | |
| Tanzania Minerals Sovereign Wealth Fund (announced) Announced | Tanzania Africa | Proposed or pipeline fund | No assets Announced target, not current assets, | 0.0 | |
| The Sovereign Fund of Egypt | Egypt Middle East | Strategic development fund | Not disclosed Estimate Published estimate | 4.0 | 2018 |
| United States Sovereign Wealth Fund (proposed) Proposed | United States North America | Proposed or pipeline fund | Not created Announced target, not current assets, | 0.5 | |
| Zambia Sovereign Wealth Fund (proposed) Announced | Zambia Africa | Proposed or pipeline fund | No assets Announced target, not current assets, | 0.0 |
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.
