 | This article needs to be updated. (December 2012) |
 | |
| Company type | State-owned |
|---|---|
| Industry | Sovereign wealth fund |
| Founded | August 28, 2006 |
| Headquarters | Tripoli, Libya |
| Products | Financial Investments ,Fund management Oil and gas |
| Website | lia |
The Libyan Investment Authority (LIA; Arabic: المؤسسة الليبية للاستثمار) is a government-managed sovereign wealth fund and holding company headquartered in Tripoli, Libya. It was established on August 28, 2006, by Decree 208 of the General People's Committee of Libya (GPC),[1] after the lifting of economic sanctions that had previously precluded foreign investment in Libya.[2] The LIA oversees and manages investments in various areas including agriculture, real estate, infrastructure, oil and gas and in shares and bonds. It is Africa's largest sovereign wealth fund.[3] The fund is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds.[4] In 2024, the fund has US$70 billion in assets under management.[5]
- ^ "Libyan Investment Authority - SWFI - Sovereign Wealth Fund Institute". Archived from the original on 2017-07-11. Retrieved 2023-08-02.
- ^ Cite error: The named reference
Libyan investmentwas invoked but never defined (see the help page). - ^ "African SWFs: The Art of Patience (GlobalSWF)". globalswf.com. Archived from the original on 2023-09-30. Retrieved 2023-08-02.
- ^ International Forum of Sovereign Wealth Funds. "IFSWF Our members". Archived from the original on 27 September 2016. Retrieved 24 September 2016.
- ^ "Libyan Investment Authority (LIA) - Sovereign Wealth Fund, Libya - SWFI". www.swfinstitute.org. Archived from the original on 2017-07-11. Retrieved 2023-06-26.