Qatar Investment Authority
| State of Qatar | US$ 115 Billion |
|---|---|
| Established: 2005 Transparency Rating: 5 View Sovereign Fund Transaction Data View Asset Allocation |
Origin: Oil Firm Investment Style: Portfolio Entity Structure: Fund Population Est.: 1.9 million – 2013 Wealth Per Capita Est.: $60,417 |
|
Summary Prior to establishment of the Qatar Investment Authority (QIA) in 2005, Qatar’s Ministry of Finance had a small in-house team to invest revenue from budget surpluses. The Qatar Investment Authority was founded by Qatar to strengthen the country’s economy by diversifying into new asset classes and investments. Qatar is one of the largest exporters of liquefied natural gas (LNG) thus giving them a commodity surplus of wealth. The Qatar Investment Authority is a sovereign wealth fund that invests domestically and internationally to curtail reliance on energy price volatility. Background |
Strategy & Objectives Their prime objective is to achieve revenue diversification for the state of Qatar over the next 10 to 15 years from its establishment date. As a result of its stated strategy to minimize risk from Qatar’s reliance on energy prices, the fund predominantly invests in international markets (United States, Europe and Asia) and within Qatar outside the energy sector. Some of their asset allocation consists of:
Governance |
1. Qatar Holding LLC
It was incorporated in April 2006 within the jurisdiction of Qatar Financial Centre (QFC) as the prime vehicle for strategic and direct investments by the State of Qatar. Qatar Holding is a strategic financial investor. Their portfolio of investments are international in nature and in a broad range of sectors like commodities, industrial, financial services, retail, real estate, technology, agriculture, and others.
The fund also owns a holding company called the Qatar Investment Company which owns the Qatar Holding LLC.
- Qatar Holding Luxembourg II
- Qatar Holding Netherlands BV
Qatar Holding LLC owns other subsidiaries
- Al Gharrafa Investment Company – This subsidiary is based in the Cayman Islands.
- Qatar Holding Gold & Resources LLC – This subsidiary is based in Qatar that invests in gold and other natural resource companies.
2. Delta Two LTD is also an investment vehicle of the Qatar Investment Authority.
3. Qatari Diar is a real estate investment and development company.
AUM: $42 Billion
This investment arm was established in December 2004 and was initially capitalized at US$ 1 Billion. It is involved in real estate partnerships and ventures throughout the world. It was founded to support Qatar’s rapidly expanding economy and to provide structure and quality control for the country’s real estate development priorities. Besides France, it invests in countries including Qatar, United States, United Kingdom, Italy, Oman, Morocco, Egypt, Syria, Sudan and Seychelles.
- QDHP Swiss Management Ltd. in Zug is a subsidiary of Qatari Diar Real Estate Investment Company. The sovereign wealth enterprise develops and renovates hotels in Switzerland.
4. Hassad Food is a Farm/Agricultural Investment Company
Established in 2008 by the Qatar Investment Authority, it is the government’s strategy to secure adequate supply of food at reasonable prices. The firm takes stakes in agricultural, livestock, and food companies.
5. Qatar Sports Investments (QSI)
Qatar Sports Investments (QSi) was founded in 2005 as a 100% Qatari private shareholding company which specialize in sports and leisure industries. It may operate outside of the QIA.
Major Direct Foreign Investments (Public)
[Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]
Major Direct Foreign Investments (Private)
[Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]
View Financial Advisor League Tables
