Libyan investment authority Information

The Libyan Investment Authority (LIA) is the national sovereign wealth fund of Libya. Founded in 2006, the LIA is Africa’s largest sovereign wealth fund managing over US$67 billion in assets globally. As a legally and financially independent investment entity, the LIA is committed to safeguarding, preserving and growing our assets for the benefit of the Libyan people and future generations. The LIA is an active investor in Libya’s long-term recovery. Our mission is to achieve attractive and competitive commercial returns over the long-term, by investing internationally across a diverse set of industries and geographies. Our investment policy is centred on three core principles: • Securing the future of generations to come; • Achieving the best financial returns to improve the resilience of the Libyan economy for the long-term; • Contributing to the development and diversification of the Libyan economy through sustainable investment. The LIA is a member of the International Forum of Sovereign Wealth Funds and adopts governance, accountability and transparency best practices in accordance with the Santiago Principles. The LIA is overseen by a Board of Directors chaired by Dr Ali Mahmoud Hassan Mohamed, who was appointed by the UN-backed Government of National Accord.