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Kathryn Wylde in Talks with Saudi Fund Amid Tax Disputes

1/9/2026

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Summary

Story summary

Kathryn Wylde, head of the Partnership for New York City since 2011, is in talks to join Saudi Arabia’s Public Investment Fund.
Discussions began over the holiday period.
Wylde aims to assist new Mayor Zohran Mamdani despite opposing his tax policies.
The Public Investment Fund, led by Crown Prince Mohammed bin Salman, has investments including a $55 billion acquisition of Electronic Arts.

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Story summary

Kathryn Wylde, head of the Partnership for New York City since 2011, is in talks to join Saudi Arabia’s Public Investment Fund.
Discussions began over the holiday period.
Wylde aims to assist new Mayor Zohran Mamdani despite opposing his tax policies.
The Public Investment Fund, led by Crown Prince Mohammed bin Salman, has investments including a $55 billion acquisition of Electronic Arts.