Kuwait Investment Authority (KIA)
Company description
KIA was founded on 23 February 1953 to manage the funds of the Kuwaiti Government in light of financial surpluses after the discovery of oil. KIA manages the Kuwait General Reserve Fund, the Kuwait Future Generations Fund, as well as any other assets committed by the Ministry of Finance.
KIA's board of directors is headed by the minister of finance with other seats allocated to the Energy Minister, Governor of the Central Bank of Kuwait, Undersecretary of the Ministry of Finance, and 5 other nationals who are experts in the field, 3 of which should not hold any other public office.
KIA is estimated to hold in excess of US$300 billion of assets, and is reportedly one of the largest Sovereign Wealth Funds in the World.
Wren House Infrastructure Management is the infrastructure arm of the sovereign wealth fund.
Company details
Participation in projects
Projects as Project owner per Country ()
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The company has not participated in any projects.
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Company updates
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July 31, 2017
Borealis and USS acquire stake in Thames Water
Borealis Infrastructure, the infrastructure investment manager of OMERS, the pension plan for municipal workers in Ontario, Canada, has announced the purchase of an additional 5.5% interest in Kemble...
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March 16, 2017
Macquarie sells final stake in Thames Water for £1.35bn
Macquarie has announced that Macquarie European Infrastructure Fund 2 (MEIF2), together with two other Macquarie-managed funds, have agreed to sell a combined 26.3 per cent interest in Kemble Wat...
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November 07, 2016
Atlantia to sell stake in Autostrade per L’Italia SpA
Atlantia, the holding company of Autostrade per l'Italia and Aeroporti di Roma, is to sell a minority stake in the toll-road operator.
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April 22, 2016
Bidders revealed for Port of Melbourne lease
The Government of Victoria launched the formal transaction process for the port lease contract in late March (as we reported), after the Parliament voted in favor to tender the port&n...
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February 26, 2016
Canadian pension funds acquire London City Airport
A consortium formed by Borealis Infrastructure, Alberta Investment Management Corporation (AimCo), Kuwait’s Wren House Infrastructure Management (the infrastructure investing arm of th...
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February 18, 2016
Airlines threaten to quit London City Airport as deadline approaches
But British Airways, CityJet and Flybe could quit London City Airport if a new owner raises airline charges.
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December 14, 2015
GMR raises $300 million from Kuwait Investment Authority
India's GMR Infrastructure said in early December it has raised US$300 million from Kuwait Investment Authority through a 60-year foreign currency convertible bond (FCCB) due 2075 and the money will b...
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December 10, 2015
Five teams shortlisted for London City airport
Global Infrastructure Partners (GIP) has shortlisted five teams for the bidding process to sell the London City Airport.
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November 25, 2015
Investors selected for 99-year lease of NSW transmission network
NSW Electricity Networks (NSWEN) has announced the acquisition of the 99-year lease of TransGrid, owner and operator of the electricity transmission network of the State of New South Wales in Australi...
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November 03, 2015
Sale of London City Airport launched
According to sources, Global Infrastructure Partners (GIP) has officially launched the bidding process to sell the London City Airport.
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