RIYADH—Saudi Arabia’s state-owned Public Investment Fund is poised to become one of the world’s biggest investors. But the PIF, as it is known, is off to a rocky start: After struggling to calculate its own value, it is mired in conflict over disappointing investments, including in Uber Technologies Inc. This week, investing luminaries including chief executives of BlackRock Inc. and Blackstone Group LP and leaders from Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. are descending on a Riyadh palace for a conference...
Source: Wall Street Journal October 23, 2017 10:33 UTC