Libyan Investment Authority

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 October 2023, the fund has US$67 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 investment was 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.