With over $1 billion in assets under management, the Palestine Investment Fund is uniquely positioned to both originate projects in Palestine and usher in foreign investment through partnerships. PIF leverages its sizeable asset base to maximize impact, targeting investment towards innovative projects in critical sectors.
PIF was established in 2003 with $625 million in initial capital. Since then, it has increased its assets to over $1 billion while returning more than $800 million to the Palestinian government in dividends. With a focus on achieving market-based returns, all with an eye towards maximizing impact, PIF supports its ultimate shareholders - the Palestinian people.
PIF is not your typical sovereign fund. Whereas most funds seek to maximize returns by investing abroad, PIF seeks to maximize impact by investing at home. Over 90% of PIF's assets and investments are in Palestine - proving its commitment to sustainable and inclusive economic development.
PIF is leading a catalytic $2.4 billion investment program over the next three years - targeting critical sectors such as agriculture, energy, real estate, and technology. For more, see its impact investment companies below.