BRUNEI INVESTMENT AGENCY

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Brunei Investment Agency is a government-owned investment organization that holds and manages the country of Bruneiโ€™s general reserve fund. Brunei Investment Agency was created to control Brunei's general reserve funds, grow its external holdings, diversify its revenue base, and hedge export revenues from energy and commodity price volatility. The country of Bruneiโ€“the full name is Brunei Darussalam, which in Arabic means โ€œAbode of Peaceโ€โ€“is located on the northwestern edge of the is... land of Borneo. Brunei is an oil-rich country and a huge exporter of energy resources: oil and gas account for almost 90 percent of Bruneiโ€™s exports, and 90% of government revenue. Hence, the funds deposited with the BIA are primarily surplus revenues from Brunei's oil exports in the form of foreign reserves, which the Brunei Investment Agency manages via a sovereign wealth fund (SWF). In 2018, the Brunei Investment Agency had approximately $170 billion in assets under management (AUM), according to the U.S. State Department.

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BRUNEI INVESTMENT AGENCY

Industry:
Finance Financial Services Government

Founded:
1983-01-01

Status:
Active


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Current Employees Featured

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Hassanal Bolkiah
Hassanal Bolkiah Founder @ Brunei Investment Agency
Founder

Founder


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Hassanal Bolkiah

Investments List

Date Company Article Money raised
2022-06-08 Kissht Brunei Investment Agency investment in Venture Round - Kissht 80 M USD
2021-12-28 China Mobile Brunei Investment Agency investment in Post-IPO Equity - China Mobile 24.3 B CNY
2021-10-06 Licious Brunei Investment Agency investment in Series F - Licious 52 M USD
2021-06-11 Licious Brunei Investment Agency investment in Series F - Licious 192 M USD
2021-02-08 Pony.ai Brunei Investment Agency investment in Series C - Pony.ai 100 M USD
2020-01-18 Bank Islam Brunei Darussalam Brunei Investment Agency investment in Secondary Market - Bank Islam Brunei Darussalam N/A

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