Timor-Leste Petroleum Fund

Timor-Leste Petroleum Fund is a sovereign wealth fund based in Dilli, East Timor. Established in 2005, the petroleum fund contributes to the wise management of the petroleum resources for the benefit of both current and future generations. It is a tool that contributes to sound fiscal policy, where appropriate consideration and weight are given to the long-term interests of Timor-Leste's citizens The assets of the funds are managed and governed by an executive management team.Timor-Leste Petroleum Fund's investment portfolio is valued at over US$16.78 billion, with investments in domestic and international equity, fixed income, real estate, and cash.