# Kuwait Investment Authority

Kuwait Investment Authority is a Sovereign Wealth Fund based in Kuwait City, Kuwait.

## Overview

- **Organization type:** Sovereign Wealth Fund
- **Headquarters:** Kuwait City, Kuwait
- **Region:** Middle East
- **Address:** Kuwait City, Kuwait
- **Founded:** 1953
- **Assets under management:** Undisclosed
- **Website:** kia.gov.kw
- **LinkedIn:** https://www.linkedin.com/company/kuwait-investment-authority

## Regulatory record

- **Reports private funds:** No

## About

The Kuwait Investment Authority (KIA) is the sovereign wealth fund of the State of Kuwait and the world's oldest such entity. It traces its roots to the Kuwait Investment Board established in February 1953 in London to invest surplus oil revenues and reduce reliance on a single finite resource (per official website, kia.gov.kw/about-kia/). Formally created in 1982 by Law No. 47 as an autonomous governmental body, KIA manages the General Reserve Fund (GRF)—the government's public treasury and investment arm supporting fiscal needs and national economic priorities—and the Future Generations Fund (FGF), established by Amiri Decree in 1976 as an intergenerational savings platform initially funded by a transfer from the GRF and thereafter by a minimum 10 percent of annual state revenues (per kia.gov.kw/investments/ and kia.gov.kw/about-kia/). KIA's mission is to achieve long-term investment returns on the financial reserves entrusted by the State of Kuwait, providing an alternative to oil reserves so future generations can face uncertainties with greater confidence (per kia.gov.kw). It maintains a global footprint with headquarters in Kuwait City plus the Kuwait Investment Office in London (origins 1953) and Shanghai (2018). The independent Board of Directors sets long-term asset allocation; executive management executes strategies across equities, fixed income, private equity, real estate, infrastructure and other alternatives, primarily via external managers, with a long-term horizon and constitutional prohibition on borrowing. By law, detailed asset and performance data are reported confidentially to the Council of Ministers, National Assembly and State Audit Bureau (and audited externally), but public disclosure of KIA's work is prohibited (Clause 8, Law No. 47/1982) (per kia.gov.kw/about-kia/).

## Sectors

- Real Estate
- Infrastructure
- Private Equity
- Public Equities
- Fixed Income
- Alternatives

## Offices

- London, United Kingdom
- Shanghai, China

## People

- H.E. Abdulaziz AlMarzooq — State Minister for Economic Affairs and Investment and Chairman of the Board of Directors
- Sheikh Saoud Salem Abdulaziz Al-Sabah — Managing Director and Board Member (Chairman of the Investment Committee)
- H.E. Tareq Al-Roumi — Minister of Oil and Board Member
- H.E. Basel Al-Haroon — Governor of the Central Bank of Kuwait and Board Member
- Aseel Al-Munifi — Undersecretary of the Ministry of Finance and Board Member
- Abdulmohsen Almukhaizeem — President and CEO, Kuwait Investment Office – London

## Questions

### What is the Kuwait Investment Authority and when was it founded?

The KIA is the State of Kuwait's sovereign wealth fund and the world's oldest. It traces its roots to the Kuwait Investment Board established in February 1953; the KIA itself was created in 1982 by Law No. 47 as an autonomous body to manage the State's reserve funds (per official website kia.gov.kw/about-kia/).

### What funds does the KIA manage?

KIA manages the General Reserve Fund (GRF), which acts as the government's treasury and investment arm, and the Future Generations Fund (FGF), an intergenerational savings vehicle established in 1976 and funded by at least 10% of annual state revenues (plus any other funds entrusted by the Minister of Finance) (per kia.gov.kw/investments/).

### Does the KIA publicly disclose its assets under management?

No. Law No. 47 of 1982 (Clause 8) prohibits public disclosure of information related to KIA's work. Detailed AUM and performance are reported confidentially to the Council of Ministers, National Assembly and State Audit Bureau, with external audits (per kia.gov.kw/about-kia/).

### Where is the KIA headquartered and what international offices does it have?

Headquarters are in Kuwait City (Block 1, Street 201, Building 900028, Sharq, P.O. Box 64, Safat 13001). It maintains the Kuwait Investment Office in London (origins 1953) and an office in Shanghai (established 2018) (per kia.gov.kw/contact-us/ and kia.gov.kw/about-kia/).

### What is the KIA's investment mission and approach?

Its mission is to achieve a long-term investment return on financial reserves entrusted by the State of Kuwait, providing an alternative to oil reserves for future generations. It employs dynamic asset allocation across global markets and asset classes with a long-term horizon, does not borrow for investments, and invests primarily through external managers and specialized vehicles (per kia.gov.kw and kia.gov.kw/investments/).

## Related profiles

- [Kuwait International Bank](https://altss.com/profile/kuwait-international-bank)
- [Kvantia](https://altss.com/profile/kvantia)

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Last updated: 2026-07-17T21:01:27.000Z

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