Qatar fund said to seek US deals

Qatar’s sovereign wealth fund is pressing ahead with plans to invest in the US to show that the political crisis with Saudi Arabia and its allies hasn’t impacted its ability to strike global deals, according to four people with knowledge of the matter, Bloomberg reported.

The Qatar Investment Authority (QIA) is working to identify possible acquisition targets, the people said, speaking on condition of anonymity. Areas of interest include infrastructure and technology, two people said. A spokesman for QIA declined to comment.