K Group announces fund to invest in Greece with USD 1 billion commitment from QIA

The K Group, the international investment group of the Kyriakou family, and the Qatar Investment Authority (QIA), the investment fund of Qatar, announce that they have created a $1 billion investment fund from QIA for Greece and abroad.

The fund will be managed by the Kyriakou Group (through its affiliates) and will also invest its own capital. The fund will focus on a number of sectors, such as technology, telecommunications, transport, logistics, shipping, healthcare, tourism and others, both in Greece and internationally, and will not target the media sector.

The deal comes to add to Kyriakou Group’s existing partnerships with Middle Eastern business giants, as well as other international investors.

Thodoros Kyriakou, of K Group, said: “We are excited to launch this partnership with QIA. We believe that the Greek economy creates attractive prospects and opportunities for both domestic and international investors. This agreement is fully aligned with our long-term commitment to create sustainable and growing businesses across different sectors.”