Overview
About Petroleum Fund About Petroleum Fund About Petroleum Fund Banco Central de Timor Leste carvalho@goweb.pt http://www.goweb.pt O Banco Central de Timor-Leste tem por objectivo principal alcançar e manter a estabilidade interna dos preços.1
Timor-Leste Petroleum Fund's investment capital supports sovereign or public-sector financial objectives.1
Investment program
- Estimated AUM
- $18.8B as of May 31, 20262
- Capital pool
- Petroleum/oil-and-gas revenue sovereign wealth fund (savings & stabilization fund)1
- Investment model
- In June 2009, the first diversification of the Fund took place by appointing the Bank for International Settlements (BIS) as the Fund’s first external manager managing 20% of the Fund in international sovereign bonds.1
- Investment approach
- The Petroleum Fund is a tool that contributes to sound fiscal policy, where appropriate consideration and weight is given to the long-term interests of Timor-Leste’s citizens.1
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: public markets, fixed income.1
- Performance
- Not listed yet
- Governance
- There is no point in having good investment management governance if the funds are not banked in the first place.1
- Investment team
- Not listed yet1
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Needs review
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (bancocentral.tl)Parent organization overview, Pool purpose, Capital pool, Investment model, Investment approach, Asset allocation, Governance, Investment team · checked Jul 25, 2026
- Website (bancocentral.tl)Estimated AUM · checked Jul 25, 2026
- Website (bancocentral.tl)Investment office page · checked Jul 25, 2026
Profile and job sources
- Website (bancocentral.tl)Website · checked Jul 25, 2026
- Website (bancocentral.tl)Website · checked Jul 25, 2026
- Website (bancocentral.tl)Website · checked Jul 25, 2026
- Website (bancocentral.tl)Website · checked Jul 25, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026