Sovereign Wealth Fund
<p>Qatar&rsquo;s sovereign wealth fund plans to open an office in Silicon Valley, as the richest country in the world on a per capita basis builds up technology interests to diversify away from oil and gas.</p> <p>The Qatar Investment Authority will open an office in San Francisco by the end of this year or first quarter of next, Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, the fund&rsquo;s chief executive officer, said Monday in London, where he&rsquo;s leading a&nbsp;<a href="https://www.bloomberg.com/politics/articles/2017-03-26/london-s-landlord-to-seal-major-deals-as-brexit-countdown-begins" itemprop="StoryLink" itemscope="itemscope" target="_blank" title="London’s Landlord to Seal Major U.K. Deals as Brexit Looms (1)">delegation</a>&nbsp;of more than 400 officials and executives. The fund has already committed 60 percent of a planned $35 billion in the U.S., and announced an additional $10 billion of funding in December, he said.</p>