Qatar Investment Authority targets $20B partnership with JPMorgan - Bloomberg
The Qatar Investment Authority (QIA) is targeting a $20 billion investment partnership with JPMorgan Chase & Co., according to people familiar with the matter who asked not to be identified because the information is not yet public.
The $580 billion sovereign wealth fund's collaboration with JPMorgan Asset Management would span public and private markets in equities and credit. The arrangement would include a $15 billion public equities mandate tied to QIA's long-term investment objectives and a $5 billion private markets initiative focused on U.S. middle-market companies.
The reported talks come months after QIA finalized a similar agreement with Goldman Sachs Group Inc.