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Sovereign wealth funds

Investment funds owned by a national or state government, most of which invest in venture through funds rather than directly. For fund managers, some of the largest LPs there are; for founders, mostly a later-stage investor.

  • All 33, by name and place. With what each one does, in its own words or the register’s.
  • From the public record. From what each organization publishes about itself, linked to the page it came from.
  • Take it with you. Every capital source as CSV, and all of them searchable together in Capital Sources.

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33 sovereign wealth funds on the record

Sovereign wealth funds by where they are
Sovereign wealth funds by where they areSovereign wealth funds by where they are. United Arab Emirates: 4; Hong Kong: 2; Ireland: 2; Texas: 2; Alaska: 1; Australia: 1; Azerbaijan: 1; Bahrain: 1; Elsewhere: 19.United Arab EmiratesUnited Arab Emirates: 44Hong KongHong Kong: 22IrelandIreland: 22TexasTexas: 22AlaskaAlaska: 11AustraliaAustralia: 11AzerbaijanAzerbaijan: 11BahrainBahrain: 11ElsewhereElsewhere: 1919
The numbers
WhereSources
United Arab Emirates4
Hong Kong2
Ireland2
Texas2
Alaska1
Australia1
Azerbaijan1
Bahrain1
Elsewhere19
SourceLocationOn the record
Abu Dhabi Investment AuthoritySovereign wealth fundAbu DhabiUnited Arab EmiratesAbu Dhabi's sovereign investor; its private equity department invests directly in mature and growth-stage companies and through funds run by private equity firms.
ADQSovereign wealth fundAbu DhabiUnited Arab EmiratesStrategic investment vehicle for the Government of Abu Dhabi and one of the region's largest holding companies; describes itself as an active investor focused on long-term returns.
Alaska Permanent FundSovereign wealth fundJuneauAK$88.98B in assetsAlaska's state fund built from oil and mineral revenue; its private equity program commits to buyout, growth and venture capital funds and makes secondary purchases and co-investments.
Alberta Heritage Savings Trust FundSovereign wealth fundEdmontonCanadaC$31.9B ($23.3B) in assetsAlberta's savings fund, established in 1976 to collect part of the province's non-renewable resource revenue; AIMCo manages it under the Heritage Fund Opportunities Corporation.
Bahrain Mumtalakat Holding CompanySovereign wealth fundManamaBahrain$19.2B in assetsBahrain's sovereign wealth fund, established in 2006; holds the state's non-oil and gas companies and invests globally in equities, fixed income, real assets, hedge funds and private markets.
BpifranceSovereign wealth fundMaisons-AlfortFrance€21.5B (funds of funds) ($25.3B) in assetsFrench public investment bank that describes itself as France's sovereign fund; its funds-of-funds arm holds about 700 funds from seed and venture to growth and buyout, alongside direct investments.
China Investment CorporationSovereign wealth fundBeijingChinaUS$1.57T in assetsChina's sovereign wealth fund, set up in 2007 to diversify foreign exchange holdings; invests overseas in public equity, bonds, hedge funds, private equity and private credit, directly and via funds.
Emirates Investment AuthoritySovereign wealth fundAbu DhabiUnited Arab EmiratesThe UAE federal government's sovereign wealth fund, established in 2007; holds strategic stakes in UAE companies and a global portfolio placed with external fund managers.
Future FundSovereign wealth fundMelbourneAustraliaA$289.7B ($200B) in assetsAustralia's sovereign wealth fund; invests through external managers, including buyout and venture and growth private equity managers that it names on its site.
Future Ireland FundSovereign wealth fundDublinIreland€12.7B ($14.9B) in assetsIreland's long-term savings fund, managed by the NTMA to support State spending from 2041; its long-term allocation is mostly public equities, with 5% for private equity.
GICSovereign wealth fundSingaporeSingaporeManages most of the Singapore government's financial assets; its private equity group invests directly and through funds, covering buyouts, venture capital and special situations.
Government Pension Fund GlobalSovereign wealth fundOsloNorwayNOK 22,683B ($2.29T) in assetsNorway's oil and gas revenue fund, managed by Norges Bank Investment Management; invests abroad in listed equities, fixed income, real estate and renewable energy infrastructure.
Hong Kong Investment CorporationSovereign wealth fundHong KongHong KongWholly owned by the Hong Kong government, with HK$62 billion of initial capital across four portfolios, including a Strategic Tech Fund and a Co-Investment Fund; invests as patient capital.
Hong Kong Monetary Authority Exchange FundSovereign wealth fundHong KongHong KongHK$4,161.2B ($535B) in assetsHong Kong's reserves fund, managed by the Hong Kong Monetary Authority; its Long-Term Growth Portfolio holds private equity and real assets, and part of the fund is run by external managers.
Ireland Strategic Investment FundSovereign wealth fundDublinIreland€16.1B ($18.9B) in assetsIreland's sovereign development fund, managed by the NTMA; invests commercially to support Irish economic activity, often through venture, private equity and infrastructure funds it lists publicly.
Jada Fund of FundsSovereign wealth fundRiyadhSaudi ArabiaRiyadh fund of funds owned by Saudi Arabia's Public Investment Fund; backs venture capital, private equity and private debt funds and lists its portfolio funds on its site.
Khazanah NasionalSovereign wealth fundKuala LumpurMalaysiaRM156B ($38.4B) in assetsMalaysia's sovereign wealth fund; its Dana Impak mandate runs programmes for Malaysia's venture and startup ecosystem and mobilises venture capital through outside fund managers.
Korea Investment CorporationSovereign wealth fundSeoulSouth KoreaUS$232.0B in assetsSouth Korea's sovereign wealth fund; holds traditional and alternative assets, and has committed to private equity funds since 2009 alongside direct investments and co-investments.
Kuwait Investment AuthoritySovereign wealth fundKuwait CityKuwaitKuwait's sovereign fund, managing the General Reserve Fund and Future Generations Fund; invests mostly through external fund managers, including in private equity, real estate and infrastructure.
Mubadala Investment CompanySovereign wealth fundAbu DhabiUnited Arab EmiratesAED 1,414B ($385B) in assetsAbu Dhabi sovereign investor with a portfolio in the UAE and abroad spanning private equity, public markets, credit, real estate and infrastructure, and alternatives.
National Investment and Infrastructure FundSovereign wealth fundMumbaiIndiaFund manager anchored by the Government of India; its Private Markets Fund commits to growth equity, buyout and venture capital funds run by Indian managers, which it names on its site.
New Mexico State Investment CouncilSovereign wealth fundSanta FeNM>$71B ($71B) in assetsNew Mexico's sovereign wealth fund, built on oil and gas revenue; holds private equity through more than 100 limited partnerships and commits to venture funds that source deals in New Mexico.
New Zealand Superannuation FundSovereign wealth fundAucklandNew ZealandNZ$94.4B ($53.4B) in assetsNew Zealand's sovereign fund, run by the Guardians of New Zealand Superannuation, who also manage the Elevate NZ Venture Fund; lists its external managers and the private funds it holds twice a year.
Nigeria Sovereign Investment AuthoritySovereign wealth fundAbujaNigeria₦4,906.7B ($3.4B) in assetsNigeria's sovereign fund for surplus oil revenue; its Future Generations Fund invests through external managers and puts about a quarter into private equity funds, including venture capital.
North Dakota Legacy FundSovereign wealth fundBismarckND$15.10B in assetsNorth Dakota's oil and gas tax savings fund, overseen by the State Investment Board; its in-state program includes the North Dakota Growth Fund, an equity fund run by 50 South Capital.
Oman Investment AuthoritySovereign wealth fundMuscatOmanOMR 20.425B ($53.1B) in assetsOman's sovereign fund; its Future Fund Oman backs Oman-focused private equity funds run by outside managers and sets aside 10% of its capital for SMEs and startups.
Permanent University Fund (UTIMCO)Sovereign wealth fundAustinTX$44.49B in assetsTexas endowment for the University of Texas and Texas A&M systems, managed by UTIMCO; its yearly schedule of investments names every private fund it holds, including venture funds.
Qatar Investment AuthoritySovereign wealth fundDohaQatarQatar's sovereign wealth fund, established in 2005; its venture capital Fund of Funds program commits USD 3 billion to international and regional venture funds and makes co-investments.
State Oil Fund of the Republic of AzerbaijanSovereign wealth fundBakuAzerbaijanUS$72.6B in assetsAzerbaijan's oil and gas revenue fund; its policy allows bonds, listed equities, gold, and equity, real estate and infrastructure funds, with part of the portfolio run by external managers.
Texas Permanent School FundSovereign wealth fundAustinTX$60.6B in assetsTexas endowment for public schools, managed by the Texas Permanent School Fund Corporation; its asset allocation policy effective January 2026 sets a 20% target for private equity.
Timor-Leste Petroleum FundSovereign wealth fundDiliTimor-LesteUS$18.29B in assetsTimor-Leste's petroleum revenue fund, reported by the country's central bank; holds global fixed income and global equities plus a smaller private debt allocation.
Utah School and Institutional Trust Funds OfficeSovereign wealth fundSalt Lake CityUT$4.21B in assetsInvests Utah's permanent school and institutional trust funds, which grew from federal land grants; holds 92 private equity limited partnerships, including venture capital and growth equity.
Wyoming State Treasurer's OfficeSovereign wealth fundCheyenneWY$35.24B in assetsInvests Wyoming's permanent and other state funds, which it calls a sovereign wealth fund; commits to private equity, venture and secondaries funds and reports each fund's figures quarterly.

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About the data

Sovereign wealth funds. Compiled by hand from what each fund publishes about itself; every listing links the page its description comes from. Assets are as the fund states them, in its own currency and in US dollars, with the date and the source on its page. Last checked October 11, 2026.

Organizations only: no individuals are listed. A listing is a public record, not a recommendation.

Data feed: every capital source as CSV.

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