The Libyan Investment Authority (LIA) is the national sovereign wealth fund of Libya.
The LIA is Africa’s largest sovereign wealth fund, and manages well over US $67 billion in assets globally across Africa, Europe and North America (at last valuation in 2012).
Our mandate is to preserve and grow the wealth of the Libyan people, to secure the long-term future of generations to come.
We are committed to our mission to achieve stable, attractive and competitive commercial returns over the long-term, by investing prudently across a diverse set of industries and geographies.
The LIA’s portfolio spans a broad spectrum of industries and asset classes including:
We are firmly committed to investing in Libya’s long-term recovery, and we recognise the critical role of the LIA in safeguarding the assets of our nation.
The LIA will never rest on our laurels. We are dedicated to implementing real change in the continuous pursuit of institutional excellence, to ensure that our investment activities are aligned with international best practices in governance, transparency and accountability.
As a legally and financially independent entity, the LIA works on behalf of all Libyan people.
The LIA was established on August 28, 2006 by Decree 208 of the General People’s Committee of Libya (which has now been replaced by the Government Cabinet).
We were reorganised and regulated by Law No. (13) in 2010, which defined the LIA as an investment corporation with independent financial and legal capacity.
“The Libyan Investment Authority is committed to preserving and growing the assets of the fund for the benefit of all Libyan people and future generations. With prudent oversight and professional management, we are confident we have the expertise and experience to develop and optimise Libya’s wealth for the future of Libya.”