Update: JPMorgan Asset Management, Qatar Investment Authority Sign $20 Billion Partnership

08:55 AM EDT, 09/21/2026 (MT Newswires) -- (Updates with JPMorgan's press release throughout.) JPMorgan's (JPM) asset management division and Qatar Investment Authority have signed a memorandum of understanding to establish a $20 billion partnership, spanning public and private markets in both equities and credit, the parties said on Monday. The arrangement includes a $15 billion public equities mandate under which JPMorgan Asset Management will manage customized global equity portfolios for Qatar Investment Authority, according to the companies. The remaining $5 billion initiative will focus on private markets, with Qatar Investment Authority and JPMorgan Asset Management providing senior financing to established middle-market companies in the US, the parties said. The companies said the financing will target industries including industrials, services, healthcare and technology.