Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Qatar Wealth Fund to Open Office in Silicon Valley

The fund is one of the most active sovereign investors in the world, snapping up stakes in everything from real estate to luxury goods.
By
  • Reuters

LONDON, United Kingdom — The Qatar Investment Authority, the Gulf Arab state's acquisitive sovereign wealth fund, is setting up an office in San Francisco to manage its growing portfolio in the United States, the CEO of QIA said in London on Monday.

"Soon we will be opening an office in the Silicon Valley in San Francisco," Sheikh Abdullah Bin Mohammed al-Thani told reporters at an investment conference.

The fund is one of the most active sovereign investors in the world, snapping up stakes in everything from real estate to luxury goods.

Much of its activity has traditionally been in Europe but the fund has said it is looking to diversify into Asia and the United States, announcing last year a plan to spend $20 billion in Asian investments over the next five years.

By Tom Finn and Kylie Maclellan; editor: Estelle Shirbon.

In This Article

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.


The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.


The Investment Giant Behind Some of Fashion’s Biggest Deals

L Catterton, the private-equity firm with close ties to LVMH and Bernard Arnault that’s preparing to take Birkenstock public, has become an investment giant in the consumer-goods space, with stakes in companies selling everything from fashion to pet food to tacos.


view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections