Qatar Investment Authority (QIA) and Goldman Sachs Asset Management have announced the signing of a Memorandum of Understanding (MoU) to significantly expand their long-standing strategic partnership.
Under the agreement, QIA aims to commit up to a combined total of $25 billion to funds managed by Goldman Sachs Asset Management, as well as to co-investment opportunities. The partnership will span both Goldman Sachs’ established investment strategies and new areas of business growth, alongside direct investment opportunities.
Mohammed Saif Al Sowaidi, Chief Executive Officer of QIA, said the agreement brings together two institutions with closely aligned investment objectives. He noted that the partnership enhances QIA’s access to high-quality global investment opportunities and builds on its long-term relationship with Goldman Sachs. The collaboration is expected to provide QIA with premium deal flow in sectors central to its investment strategy, including artificial intelligence, fintech, digital infrastructure, and private credit.
Al Sowaidi emphasized that the partnership goes beyond capital deployment. Goldman Sachs’ commitment to expanding its presence in Doha will strengthen the city’s role as a regional financial hub for asset management. He added that this expansion will generate tangible economic benefits through knowledge transfer, job creation, and the development of advanced expertise in alternative investments, supporting strong risk-adjusted returns for future generations in Qatar.
David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, highlighted Qatar’s progress in economic diversification, citing the growth of national champions, capital markets development, and an expanding talent base. He said these trends present significant opportunities to enhance Qatar’s global connectivity and position it as a multifaceted investment partner.
As part of the expanded partnership, QIA will serve as an anchor investor in several of Goldman Sachs’ flagship and innovative strategies. Goldman Sachs will also significantly increase its headcount in Doha, with the office becoming the firm’s largest regional asset management hub. This expanded footprint will allow the firm to better serve Qatari clients while supporting global investors seeking access to opportunities across the wider region.
The collaboration will further include support from Goldman Sachs’ Value Accelerator network to help advance Qatar’s national development objectives, strengthen the broader financial ecosystem, and foster greater connectivity with regional and global partners. Goldman Sachs will also provide strategic advisory services on capital formation, mergers and acquisitions, and capital market development, including initiatives to attract foreign direct investment and support the growth of key Qatari companies.
In addition, Goldman Sachs will leverage its global network and convening power to promote deeper dialogue and partnerships between Gulf Cooperation Council countries and international partners, particularly across the Asia-Pacific region.
Goldman Sachs is among the world’s leading alternative investment managers, with more than $625 billion in assets under management and over three decades of experience across private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Its centralized Value Accelerator platform works closely with portfolio companies to help build resilient, long-term businesses.
Both QIA and Goldman Sachs said they will continue exploring additional avenues to deepen cooperation for the benefit of both organizations and their stakeholders. The agreement remains subject to specific terms, conditions, and deliverables.
