JPMorgan Chase and the Qatar Sovereign Fund plan to establish a $20 billion investment partnership

According to Bloomberg, the Qatar Investment Authority (QIA) is seeking to establish an investment partnership with JPMorgan worth up to $20 billion, which includes a $15 billion public equity investment mandate and a $5 billion private market investment plan focused on U.S. mid-sized companies.

The collaboration will cover both public and private markets, including equities and credit, with a related memorandum of understanding expected to be announced as early as Monday.