Qatar Targets $25bn Investment As Goldman Sachs Deepens QIA Partnership

Under the agreement, QIA will support Goldman Sachs Asset Management across both existing business strengths and new areas of growth, alongside direct investment opportunities.

The expanded partnership builds on the longstanding relationship between the two institutions and is aimed at enhancing access to global investment opportunities.

Mohammed Saif Al-Sowaidi, CEO of Qatar Investment Authority, said: “QIA is pleased to partner with Goldman Sachs in this landmark agreement, which sees two institutions with aligned investment goals joining together to gain enhanced access to world-class investment opportunities for the years to come.

“This agreement builds on our longstanding relationship with Goldman Sachs and provides QIA with premium deal flow in sectors critical to our investment strategy, including AI, fintech, digital infrastructure and private credit.

Qatar and Goldman Sachs strike $25bn investment deal

“Importantly, this partnership extends beyond capital deployment. By committing to expand its presence in Doha as a key strategic hub for asset management, Goldman Sachs is reinforcing Doha’s position as a regional financial centre.

“This commitment will deliver meaningful benefits to our economy through knowledge-transfer, job-creation and enhanced expertise in alternative investments. We look forward to working with the Goldman Sachs team to source and execute transformational investments that generate strong risk-adjusted returns for Qatar’s future generations.”

David Solomon, Chairman and CEO of Goldman Sachs, said: “Qatar is on an exciting path of economic diversification, including the expansion of its impressive ecosystem of national champions, the development of its capital markets and the growth of its talent base.

“This creates substantial opportunity to widen the state’s impact, global connectivity, and attractiveness as a multi-faceted investment partner.”

As part of the expanded partnership, QIA will act as an anchor investor in several of Goldman Sachs’ flagship and innovative strategies.

Goldman Sachs will also significantly increase its headcount in Doha, with the office set to become a strategic hub and the firm’s largest regional base for asset management.

Qatari investment

The expanded footprint will provide additional resources to Qatari clients while supporting global clients seeking access to economic opportunities across the wider region.

The agreement also provides for deeper cooperation between Goldman Sachs and the State of Qatar across multiple areas.

Goldman Sachs and its Value Accelerator network will provide resources to support national development objectives, benefiting the wider financial ecosystem and strengthening connectivity with regional and global partners.

Goldman Sachs will also look to provide strategic advisory services on capital formation, mergers and acquisitions, and the development of Qatar’s economy and capital markets. This includes encouraging foreign direct investment and supporting the growth of key Qatari companies.

Goldman Sachs value accelerator

In addition, the firm will draw on its global network and convening power to work with the State of Qatar on fostering increased dialogue and partnership between Gulf Cooperation Council countries and global partners, including those in the Asia-Pacific region.

Goldman Sachs is one of the world’s leading investors in alternatives, with more than $625bn in assets under management and over 30 years of experience across private equity, growth equity, private credit, real estate, infrastructure, sustainability and hedge funds.

Clients access these capabilities through direct strategies, customised partnerships and open-architecture programmes.

QIA and Goldman Sachs said they will continue to explore additional avenues to enhance cooperation for the benefit of both parties and their stakeholders.

The agreement remains subject to certain terms, conditions and deliverables.