Qatar Investment Authority (QIA)
Overview
Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar and is a major contributor to realizing the Qatar National Vision of 2030. QIA was founded in 2005 to strengthen the country’s economy by diversifying into new asset classes. Building on the heritage of Qatari investments dating back more than three decades, QIA’s growing portfolio of long-term investments help complement Qatar’s wealth in natural resources.
QIA was established to operate at the highest levels of global investing, with headquarters in Doha and a subsidiary in New York (QIA Advisory), and a second QIA Advisory office in Singapore that opened in the summer of 2021. QIA adheres to the strictest financial and commercial criteria as a world-class investor. QIA has a strong track record of investing in multiple asset classes, including listed securities, property, alternative assets and private equity in all the major markets globally. QIA seeks investments that are socially, economically, and environmentally responsible, and looks beyond short-term returns as QIA pursues balanced and sustainable growth to maximize long-term returns.
Qatar’s goal is to become a major international center for finance and investment management, a vision shared by its government, people, and institutions. With $300 billion in assets, QIA is the steward and holding company for a growing group of world-class businesses that have been established and nurtured in Qatar over the past two decades such as Ooredoo, Qatar National Bank (QNB), Qatari Diar, and Katara Hospitality. QIA’s main sectors of investment are real estate, health, commodities, fintech, and infrastructure. QIA owns 100% of Qatar Holding LLC, and is a shareholder in Qatar National Bank (50%). QIA is invested in Qatar Islamic Bank (16.67%) and Ubac Curaçao NV (1.35%). Additionally, QIA is affiliated with Qatar Sports Investments (QSi). QIA, which owns consequential stakes in the London Stock Exchange (LSEG.L), Iberdrola SA (IBE.MC), Volkswagen Group, and Brookfield Property Partners, has been diversifying its investments from core US and European markets towards Africa and Asia.