Qatar and J.P. Morgan announce $20bn investment partnership targeting global stocks and US companies
Qatar Investment Authority and J.P. Morgan Asset Management announce a $20bn strategic partnership, including $15bn in global equities and $5bn targeting US companies
Doha Bank and KKR have signed a memorandum of understanding (MoU) to explore a strategic partnership that could expand access to KKR's private market strategies for eligible Qatari investors. The agreement establishes a framework for collaboration across KKR's private equity, infrastructure, credit, and real estate capabilities.
The goal is to forge a comprehensive long-term relationship strengthening the existing ties between the two institutions. KKR Middle East partner and chairman David Petraeus and Doha Bank Group CEO Sheikh Abdulrahman bin Fahad bin Faisal al-Thani signed the MoU at the Qatar Economic Forum UNGA Special Edition in New York. Sheikh Abdulrahman emphasized the commitment to enhancing customer opportunities through strategic partnerships.
Petraeus, also chairman of KKR Global Institute, highlighted Qatar's dynamic and diverse economy and the strengthened presence built through local investing capabilities. Mark Danzey, partner and head of KKR's EMEA Capital Markets team, expressed optimism about the partnership, noting the exciting opportunities for global investors.
The MoU aligns with Doha Bank's vision of delivering customer-centric banking services and innovative wealth management offerings.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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