Baku has been selected to host the International Forum of Sovereign Wealth Funds' annual meeting in 2028. Members made the decision in Athens, SOFAZ announced on November 13.
The event will mark twenty years of the Santiago Principles, voluntary standards for sovereign fund governance. SOFAZ attended the Athens meeting on November 11-13.
Its delegation also discussed Asian co-investment opportunities with Chinese and Indonesian partners. The statement disclosed no new deal amounts. Hosting the forum provides a venue for contacts, but does not yet represent committed capital inflows.