Sovereign wealth funds have an increasing presence in the global financial ecosystem, principally through their investments in equities, which, in turn, may influence HRM. This study examines the influence of the world's largest sovereign wealth fund, the Norwegian Government Pension Fund-Global (NGPF-G), on employment in its U.K. investee firms. We find that firms with NGPF-G invest- We draw out the key implications of our findings for HR practice. There is a growing body of literature that explores the relationship between new or alternative categories of investor and HR practices adopted by firms (Appelbaum, Batt, & Clark, 2013;Clark, 2007Clark, , 2013Goergen, O'Sullivan, & Wood, 2014a;Gospel & Pendleton, 2014a). Sovereign wealth funds (SWFs) have become an important feature of the global financial ecosystem. They are "state owned financial vehicles that administer public funds and invest them" (Bahgat,This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.