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2026 Sovereign Wealth Funds Report
ICEX-Invest in Spain | IE Business School
The report analyzes the main global investment trends among sovereign wealth funds. Spain has consolidated its position as one of the leading European destinations for sovereign wealth fund investment, attracting 18 transactions worth more than €6.7 billion between 2024 and 2025. The momentum of vehicles such as FOCO, the Ispania Growth Fund, and España Crece is further enhancing the country's appeal in energy transition, digitalization, and innovation. (act. July 2026)
In an increasingly complex global economic landscape, Sovereign Wealth Funds (SWFs) are playing a growing role in shaping international investment flows. By channeling substantial pools of capital into strategic investments, these public investors contribute significantly to the expansion of foreign direct investment (FDI) worldwide.This report, jointly produced by ICEX-Invest in Spain and IE University, provides a comprehensive analysis of the sovereign wealth fund industry and has established itself as a leading reference for institutional investors, policymakers, and market participants around the world.Its primary objective is to examine the key strategies, investment trends, and transaction patterns that define the evolution of sovereign wealth funds, offering valuable insights into the increasingly important role these state-owned investment vehicles play in the global economy.
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