Qatar's wealth fund plans a $20 billion partnership with J.P. Morgan. The fund signed a similar agreement with Goldman Sachs a few months ago, highlighting its deepening relationship with Wall Street. According to a statement issued on Monday, the cooperation between the Qatar Investment Authority and J.P. Morgan Asset Management will cover stocks and credit in the open and private markets. The planned agreement will include a $15 billion open market equity investment mandate to support QIA's long-term investment goals, as well as a $5 billion private market investment program focusing on midsize US companies.

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