Mehmrock

Mehmrock is the sovereign wealth fund of Mehmet State with assets of around 70 billion dollars. It was founded in 2010 to deal with the increasing natural gas and oil wealth gained by the Kingdom along with giving the state increasing control over real estate development. Mehmrock acquired significant stake in the royal lands along with major state companies like Mehmetpec, and Mehmet Developers. The fund has since bankrolled major real estate projects, foreign stocks and cryptocurrency. The fund is thought to hold around 50,000 Byatkyon. Mehmet New Energy Resources and other large fracking giants own stake in the fund in exchange for contributing sections of their profits to the fund.

Mehmrock is known to operate quite professionally and transparently compared to most sovereign funds with heavily links in the Kodeshi business community. The fund has worked to legitimize itself in the sphere of private equity, hiring many foreign managers and building many offices all over the world. Still, the foreign remains mostly owned by the Royal Family of Mehmet.

Mehmrock operates a consulting and legal services arm that assists large firms in doing business in Mehmet and the broader HCCK. The arm does services for all major corporations operating within Mehment and does significant business across Kodeshia. Mehmrock operates a think tank in Kodeshia known as the Council for Strategic Sanqing Developmental Affairs which compiles and releases many important dossiers on the Kodeshi economy.

The firm is currently led by Yao Chen, a Nanwenese technocrat with significant experience across the region.