QIA backs new fund by James Murdoch and Uday Shankar

The new investment platform will focus on opportunities in the media and consumer tech sectors in Southeast Asia.

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), will commit up to $1.5 billion to a new fund set up media magnate, James Murdoch, and former Star India CEO, Uday Shankar, according to an announcement by Lupa Systems last week.

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