The Fundo Soberano de Angola is a sovereign wealth fund managed by an autonomous Executive Committee. The Fund’s organizational structure ensures adequate review mechanisms are in place through the adoption of global best practices, such as the appointment of independent auditors. The Fundo Soberano de Angola’s approach ensures compliance with the laws and regulations applicable to the Fund.
The Fundo Soberano de Angola is governed by the Santiago Principles, a voluntary set of principles and practices developed by the International Working Group (IWG) of Sovereign Wealth Funds (SWFs) in October 2008 and is also a full member of the International Forum of Sovereign Wealth Funds (IFSWF). Furthermore, the FSDEA was also recognized as a transparent SWF by the Sovereign Wealth Fund Institute (SWFI) in February 2015 with a ranking of 8 out of 10, which is a significant milestone for the Fund.
The regulatory and policy milestones achieved by the Fund, combined with the IFSWF membership and SWFI ratings, further strengthen the FSDEA’s commitment to comply with local and international regulations governing its operations and investment activities.