[2][3] As of November 2024, it is the world's 5th largest sovereign wealth fund valued at just under US$1 trillion, with currently US$969 billion assets under management.

[4] KIA was founded on 23 February 1953[5] to manage the funds of the Kuwaiti Government in light of financial surpluses after the discovery of oil.

To put KIA's size into perspective, the Kuwait Future Generations Fund has 15% of annual oil revenues added to it.

[6] The Kuwait Investment Authority has an infrastructure arm and signed an agreement to acquire the oil and gas pipeline firm North Sea Midstream Partners Limited for approximately 1.3 billion GBP in 2018.

[7] In 1986, the KIA's London based subsidiary, the Kuwait Investment Office (KIO), bought control of Torras Hostench, a Spanish paper maker.