State Oil Fund Of Azerbaijan (Sofaz)
Overview
SOFAZ, established December 1999 by presidential decree, is Azerbaijan's sovereign wealth fund, accumulating and preserving the nation's oil and gas revenues for future generations. Peaked at ~$63bn AUM (Q1 2025), including $15bn in cumulative investment income since inception.
Key Facts
- Type
- Sovereign Wealth Fund
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Last updated April 20, 2026