#Qatar’s sovereign wealth fund is back in the hunt for deals | Financial Times

Qatar’s sovereign wealth fund is back in the hunt for deals | Financial Times:

Qatar’s sovereign wealth fund has signalled an ambition to reclaim its position as one of the oil-rich Gulf region’s most acquisitive investors, putting companies on notice as it hunts for new deals.

The Qatar Investment Authority is ramping up its investment plans in North America and Asia, and creating a unit to scour for opportunities in emerging markets in Latin America, Africa and Asia in an effort to snap up stakes in companies directly.

It echoes the approach that catapulted the fund on to the global stage a decade ago when it earned a reputation as an aggressive and swashbuckling investor. After a failed 2007 takeover bid for UK supermarket Sainsbury’s, the QIA purchased minority stakes in Barclays, Credit Suisse, Porsche and Volkswagen during the financial crisis.