Expats Flee Saudi Fund, Bemoan Crown Prince Control

Expats Flee Saudi Fund, Bemoan Crown Prince Control https://images.wsj.net/im-44416/social

Expats Flee Saudi Fund, Bemoan Crown Prince Control






DUBAI—Saudi Arabia’s flagship government investment arm has suffered several prominent defections by Western executives, hampering its enlarged responsibilities to help transform the country’s economy.

The roughly $200 billion fund’s British head of legal, its Swiss chief of public investments and a Spanish private-equity associate all resigned this year after fewer than 18 months in their roles, said people familiar with the exits.

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