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Sovereign Wealth Fund
oilfund.az

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Investments

1

Portfolio Exits

1

Partners & Customers

1

About State Oil Fund

State Oil Fund is a sovereign wealth fund from Azerbaijan.

State Oil Fund Headquarter Location

Heydar Aliyev Avenue 165

Baku, AZ1029,

Azerbaijan

99412 498 77 53

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Latest State Oil Fund News

State Oil Fund’s revenues hit $3.9bn in 2021 – MENAFN.COM

Jul 28, 2021

8 billion ($3. 9bn), while the budget expenditures constituted AZN 4. 7 billion ($2. 7bn) in the first half of 2021, the fund has reported. SOFAZ revenues from the implementation of oil and gas agreements amounted to AZN 4. 9 billion ($2. 8bn), including AZN 4. 1 billion ($2. 4bn) from the sale of profit oil and gas during the period of January-June 2021. Moreover, bonus payments made up AZN 768. 6 million ($452. 1M) and transit payments AZN 10. 8 million ($6. 3M) of the revenue. Furthermore, revenues from asset management of the Fund for the reporting period amounted to AZN 1. 9 billion ($1. 1bn). Within the execution of the Fund budget for 2021, some AZN 4. 6 billion ($2. 7bn) were transferred to the state budget. In addition, AZN 1. 4 million ($823, 529) were allocated to the”State Program on Raising Competitiveness of Higher Education in Azerbaijan in 2019-2023″ in the first six months of the year. Likewise, SOFAZ’s administrative and operational expenses for the reporting period totaled AZN 10. 6 million ($6. 2M). The Fund’s extra-budgetary revenues related to the foreign exchange rate fluctuations amounted

State Oil Fund Investments

1 Investments

State Oil Fund has made 1 investments. Their latest investment was in ESR Cayman as part of their Unattributed - II on February 2, 2017.

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State Oil Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/13/2017

Unattributed - II

ESR Cayman

$100M

Yes

2

Date

2/13/2017

Round

Unattributed - II

Company

ESR Cayman

Amount

$100M

New?

Yes

Co-Investors

Sources

2

State Oil Fund Portfolio Exits

1 Portfolio Exit

State Oil Fund has 1 portfolio exit. Their latest portfolio exit was ESR Cayman on October 28, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/28/2019

IPO

5

Date

10/28/2019

Exit

IPO

Companies

Valuation

Acquirer

Sources

5

State Oil Fund Partners & Customers

1 Partners and customers

State Oil Fund has 1 strategic partners and customers. State Oil Fund recently partnered with SimCorp on December 12, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

12/29/2014

Licensee

SimCorp

Denmark

State Oil Fund of the Republic of Azerbaijan chooses SimCorp Dimension

SimCorp Ltd. announces that it has signed a license agreement with The State Oil Fund of the Republic of Azerbaijan .

1

Date

12/29/2014

Type

Licensee

Business Partner

SimCorp

Country

Denmark

News Snippet

State Oil Fund of the Republic of Azerbaijan chooses SimCorp Dimension

SimCorp Ltd. announces that it has signed a license agreement with The State Oil Fund of the Republic of Azerbaijan .

Sources

1

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