Qatar Investment Authority is backing 5C Investment Partners, a direct lending platform founded by former Goldman Sachs executives Tom Connolly and Michael Koester.
The sovereign wealth fund has entered a strategic partnership with 5C to expand its direct lending operations and support the development of new investment strategies and financing solutions, according to a statement.
Launched in 2024, 5C has quickly grown a platform managing roughly $3 billion in long-term investable capital. The firm provides financing to upper middle-market companies across recession-resilient sectors, including business services, software, healthcare, and financial services.
📌 Bottom line:
The partnership underscores QIA’s growing focus on private credit and alternative finance, complementing its global portfolio of traditional equities, real estate, and frontier technologies.