Qatar sovereign fund’s new CEO plans to invest ‘aggressively’
Mohammed Al-Sowaidi is bullish on the U.S., the U.K. and Asia, and plans to focus the QIA on technology, artificial intelligence, healthcare and real estate
View of Qatar's Doha business district (Getty Images)
The new chief of Qatar’s sovereign wealth fund plans to shake things up in Doha.
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CEO Mohammed Al-Sowaidi tells the Financial Times that the Qatar Investment Authority will deploy funds more “aggressively” and “do bigger-ticket deals,” counting on a projected windfall from gas prices that could ultimately double the fund’s size.
Sowaidi said he was bullish on the U.S., the U.K. and Asia, with plans to focus on technology, artificial intelligence, healthcare, real estate and infrastructure.
Al-Sowaidi was the QIA’s chief of investment in the Americas before he was appointed CEO last month.