The Kuwait Investment Authority (KIA) is [[Kuwait]]'s sovereign wealth fund, established in 1953, making it the world's oldest sovereign wealth fund. It manages Kuwait's oil revenues and other state assets. Key features: - Founded: 1953 - Headquarters: Kuwait City, with global offices - Type: Sovereign Wealth Fund - Purpose: Manage Kuwait's oil wealth for future generations Functions: - Manages the General Reserve Fund (state's main treasury) - Manages Future Generations Fund (mandatory savings) - Invests in various asset classes globally - Makes strategic investments in multiple sectors Investment characteristics: - Known for long-term investment approach - Major global investor in various sectors including: * Financial services * Technology * Infrastructure * Real estate * Various public and private equities The KIA is known for its conservative investment approach and long-term perspective, focusing on preserving and growing Kuwait's wealth for future generations. It maintains a relatively low public profile despite being one of the world's largest sovereign wealth funds.