17 Hrs
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الاقتصادية
Qatar Investment Authority and J.P. Morgan Form $20B Partnership
Qatar Investment Authority and J.P. Morgan Asset Management have signed a Memorandum of Understanding to establish a $20 billion investment partnership aimed at investing in both public and private markets. The partnership includes a $15 billion mandate to manage global equity investments and a $5 billion initiative to invest in mid-sized American companies in the sectors of manufacturing, services, healthcare, and technology, with the goal of supporting Qatar Investment Authority's long-term investment objectives. Additionally, the partnership will leverage J.P. Morgan's capabilities in asset management, which manages assets totaling up to $4.6 trillion, to enhance Qatar's presence in global markets and diversify its investments.
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