Qatar Investment Authority, J.P. Morgan Asset Management plan $20bn partnership

RIYADH: Qatar Investment Authority and J.P. Morgan Asset Management have agreed to a $20 billion strategic partnership spanning public equities and private credit, expanding the sovereign wealth fund’s investment ties with the US. The two institutions have signed a memorandum of understanding, with the partnership comprising a $15 billion public-equities mandate and a $5 billion private-markets initiative targeting established US...