The QIA (Qatar Investment Authority) is the wealth manager of the State of Qatar. It was established in 2005 with an overarching objective to create long-term value, as well as two other objectives in support of Qatar’s wealth: providing liquidity when needed to stabilize the local economy and supporting local economic development. The QIA is the world’s eighth largest sovereign fund, with $526 billion worth of total assets, according to the Sovereign Wealth Fund Institute.
QIA invests across nine sectors: retail and consumer; technology, media and telecoms (TMT); liquid securities; infrastructure; financials; funds; healthcare; industrials; and real estate.
Key investments aiding the energy transition:
- QIA invested €2.4 billion ($2.63 billion) in renewable energy provider RWE to support its global renewable energy strategy.
- QIA invested in Rolls-Royce SMR, building a new technology solution delivering affordable, low-carbon nuclear power.
- QIA invested in Italian energy producer Enel to develop its renewable energy projects in Sub-Saharan Africa, with a recent project announced in South Africa.
- QIA is an investor in Adani Green Energy, one of India’s largest renewable energy companies.
- QIA has invested in QuantumScape, a battery developer for electric cars, and Ascend Elements, a manufacturer of sustainable, engineered battery materials for electric vehicles.
- Key Europeans investment examples:
- QIA is an investor in the UK’s largest airport, Heathrow.
- QIA led a €250 million financing round for Innovafeed, a leader in the production of insect-based protein for animal and plant nutrition.
- QIA owns Porta Nuova, a new business district in Milan. The district recently achieved the Gold Leadership in Energy and Environmental Design (LEED) and WELL Building Standard (WELL) for Community.
- QIA is an investor in Checkout.com, the UK-headquartered payment platform, and one of Europe’s leading tech unicorns.
- QIA acquired 50% of Canary Wharf Group plc in 2015 and today is supporting the ambitious redevelopment.
Key Europeans investment examples:
- QIA is an investor in the UK’s largest airport, Heathrow.
- QIA led a €250 million financing round for Innovafeed, a leader in the production of insect-based protein for animal and plant nutrition.
- QIA owns Porta Nuova, a new business district in Milan. The district recently achieved the Gold Leadership in Energy and Environmental Design (LEED) and WELL Building Standard (WELL) for Community.
- QIA is an investor in Checkout.com, the UK-headquartered payment platform, and one of Europe’s leading tech unicorns.
- QIA acquired 50% of Canary Wharf Group plc in 2015 and today is supporting the ambitious redevelopment.
Key US investment examples:
- QIA opened its advisory office in New York in 2015 to help source deal opportunities.
- QIA led a $200m funding round into EatJust, which produces sustainable egg and meat alternatives.
- QIA is a minority investor in Monumental Sports and Entertainment (MSE), one of the largest sports and entertainment companies in the US.
- In 2023, QIA funds team invested in Ariel Alternatives’ private equity fund Project Black supporting middle-market minority-owned businesses throughout America.
Key APAC investment examples:
- QIA opened its advisory office in Singapore in 2021 to help source deal opportunities across the APAC region.
- In June 2023, QIA invested in Kokusai Electric Corporation (Kokusai), a leading global specialist manufacturer of semiconductor equipment who play a key role in the development of cutting-edge technology within the semiconductor industry globally.
- QIA was part of a $300m investment round for Xpeng electric vehicle manufacturer.
- QIA is the owner of Asia Square Tower 1 in Singapore’s Marina Bay.
- QIA is an investor in Chinese healthcare company, Oricell Therapeutics.
- QIA is an investor in major Indian food and beverage brands Swiggy and Rebel Foods.
Further key investments:
- QIA holds investments in three global stock exchanges: Borsa Istanbul, London Stock Exchange Group, the Qatar Stock Exchange.