National Investment Fund to be fully operational late next year

The new National Investment Fund (NIF) will go into full operation in the second half of 2025, according to officials at the 2nd Growthfund Summit of the Superfund at Zappeion Hall in Athens on Wednesday.

Speaking at a discussion panel on "The Growthfund's New Investment Fund: Expectations and Perspectives," Growthfund Deputy CEO Stefanos Giourelis presented the roadmap for the NIF, during which he provided the timeframe of its full operation. 

As he said, the fund's creation during the last three years as an independent subsidiary of the Growthfund was one of the most ambitious and strategic goals, ahead of the new fund's transformation into Greece's Sovereign Wealth Fund.

During the discussion, Giourelis said the NIF would be an independent organization with contemporary management, highly specialized administration, and high-level investment capabilities. <...