Qatar Fund Seeks U.S. Deals In Defiance of Gulf Crisis - Bloomberg:
"Qatar’s sovereign wealth fund is pressing ahead with plans to invest in the U.S. to show that the political crisis with Saudi Arabia and its allies hasn’t impacted its ability to strike global deals, according to four people with knowledge of the matter.
The Qatar Investment Authority is working to identify possible acquisition targets, the people said, speaking on condition of anonymity because the talks are private. Areas of interest include infrastructure and technology, two people said. A spokesman for QIA declined to comment.
While Qatar has earmarked $35 billion for American investments -- and already spent more than 50 percent of that amount -- more deals could help improve ties with the U.S. after President Donald Trump publicly sided with the Saudi alliance. U.S. companies, however, may hesitate to do business with the world’s biggest exporter of liquefied natural gas until the dispute is resolved, said Jason Tuvey, a London-based economist at Capital Economics.
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