Qatar Investment Authority and Goldman Sachs Asset Management have signed a memorandum of understanding to deepen their strategic partnership, with QIA targeting a combined commitment of up to $25 billion across funds managed by Goldman Sachs Asset Management and co-investment opportunities. Moreover, the agreement broadens cooperation across established investment areas and emerging growth sectors.
The expanded arrangement builds on a longstanding relationship between the two institutions and, therefore, aims to enhance access to global investment opportunities while supporting diversified capital deployment. Under the framework, QIA will back both existing strategies and new initiatives, alongside pursuing direct investments.
$25bn investment focus across priority sectors
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.
“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.”
Doha expansion and anchor investments
As part of the agreement, QIA will act as an anchor investor in several of Goldman Sachs’ flagship and innovative strategies. Additionally, Goldman Sachs will significantly expand its Doha operations, with the office set to become the firm’s largest regional base for asset management and a strategic hub for the Middle East.
However, the expanded footprint is also designed to serve global clients seeking access to opportunities across the wider region, while providing additional resources to Qatari institutions and investors.
Broader cooperation and advisory support
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.”
Beyond investment commitments, the agreement предусматри deeper cooperation with the State of Qatar across capital formation, mergers and acquisitions, and the development of domestic capital markets. Therefore, Goldman Sachs and its Value Accelerator network will support national development objectives, encourage foreign direct investment, and strengthen connectivity with regional and global partners, including in the Asia-Pacific region.
As a result, both parties said they will continue exploring additional avenues for collaboration, subject to agreed terms, conditions, and deliverables, to generate long-term value for their stakeholders.
