Oman Investment Authority Posts Tenfold Return in Exit From Crusoe

A partial exit by Oman Investment Authority from US-based artificial intelligence infrastructure company Crusoe has generated a return multiple of 10.3 times invested capital, according to the sovereign wealth fund.

The authority stated that the transaction delivered an annual internal rate of return of 68% as demand for data centres, cloud computing and AI infrastructure continues to grow globally.

Despite the partial sale, Oman Investment Authority confirmed it will retain a stake in Crusoe as part of its long-term investment and capital recycling strategy focused on high-growth sectors linked to artificial intelligence, digital infrastructure and advanced technologies.

Founded in Denver in 2018, Crusoe develops AI and cloud computing infrastructure powered by renewable and underused energy sources. The company has also positioned its operations around reducing emissions linked to gas flaring and making use of stranded energy resources.

As global demand for digital infrastructure accelerated, Crusoe expanded into specialised data centres supporting artificial intelligence applications and high-performance computing systems.

According to Oman Investment Authority, Crusoe’s valuation has approached $10 billion, with technology companies including Microsoft and Oracle selecting the firm to develop AI infrastructure projects.

The investment forms part of the authority’s Future Generations Fund, which focuses on long-term international investments intended to generate sustainable returns while diversifying risk exposure.

By the end of 2025, assets managed through the Future Generations Fund had reached RO 8.57 billion, generating profits of RO 1.04 billion and delivering an annual return on investment of 13.9%.

The authority also reported overall profits of RO 2.9 billion in 2025, alongside a return on investment of 14.6%.

According to Global SWF rankings cited by the authority, Oman Investment Authority placed third globally among sovereign wealth funds based on average five-year returns of 10.4%, while ranking first worldwide for returns from public market investments during 2025.