oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

SOFAZ is hosting an IFSWF workshop in Baku, Azerbaijan

01 Mar 2016 14:04:00

SOFAZ is hosting an IFSWF workshop in Baku, Azerbaijan

01 Mar 2016 14:04:00

On March 1-2, 2016 IFSWF members, including the State Oil Fund of the Republic of Azerbaijan (SOFAZ), are holding a workshop on Knowledge Sharing in Baku.

This workshop, initiated and organized by SOFAZ, is the first event outside IFSWF’s annual meetings. SOFAZ is represented in this workshop by the delegation headed by the Executive Director of the Fund, Shahmar Movsumov.

The purpose of the workshop is to discuss the development of knowledge sharing platform for the Forum and to achieve specific results in this field.

During the event there was also the session on introduction to investment opportunities in Azerbaijan.

The International Forum of Sovereign Wealth Funds (IFSWF) was established by the International Working Group of Sovereign Wealth Funds (IWG), meeting in Kuwait City on April 5-6, 2009 and had its first inaugural meeting in Baku on October 8-9, 2009 and includes 30 sovereign wealth funds from 29 countries which manage approximately USD 5.5 trillion in total. IFSWF is a voluntary group of Sovereign Wealth Funds (SWFs), which meets, exchanges views on issues of common interest and facilitates an understanding of the Santiago Principles and of SWF activities. SOFAZ has been actively represented in this Forum since its establishment.

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