Kuwait Investment Authority

Kuwait Investment Authority is a sovereign wealth fund based in Kuwait City, Kuwait. Established in 1953, KIA was created by Law No. 47 as an autonomous governmental body responsible for the management of the assets of the country. Its mission is to achieve a long-term investment return on the financial reserves entrusted by the State of Kuwait to the Kuwait Investment Authority, providing an alternative to oil reserves, which would enable Kuwait's future generations to face the uncertainties ahead with greater confidence. It is responsible for the management of Kuwait's General Reserve Fund (GRF) and its Future Generations Fund (FGF), as well as other funds entrusted to it by the Minister of Finance for and on behalf of the State of Kuwait. The firm's investments are governed by the executive team.