Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
- $450 billion QIA fund planning more deals in the US, Asia
- Sovereign fund wants to play bigger role in local economy
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Qatar is targeting more investment in new frontiers and sectors like technology and health care, as high demand for its natural resources and the end of a $300 billion World Cup splurge bring the promise of extra cash to burn.
That has the roughly $450 billion Qatar Investment Authority looking beyond its traditional hunting grounds in Europe and penchant for trophy assets as it searches for new places to write its next big checks, the sovereign wealth fund’s top dealmakers said in an interview with Bloomberg News.