Qatar Investment Authority and 5C Investment Partners announced a multifaceted strategic partnership to accelerate 5C’s growth as a financing solutions provider in the private credit market.
Under the agreement, QIA will invest in 5C to support the expansion of its existing direct lending platform and to drive the development of new investment strategies and financing solutions. The partnership is designed to strengthen 5C’s position in the upper middle-market segment and broaden its capabilities across recession-resistant industries.
Founded in 2024, 5C has grown its platform to approximately $3 billion of long-term investable capital, inclusive of contingent commitments and target leverage. The firm provides direct financing to high-quality companies in sectors including business services, software, healthcare and financial services.
QIA, the sovereign wealth fund of the State of Qatar, was established in 2005 to invest and manage the country’s state reserve funds. It is among the largest and most active sovereign wealth funds globally, investing across a wide range of asset classes and geographies in partnership with leading institutions to build a diversified global portfolio.
5C was founded by Tom Connolly and Michael Koester following long careers at Goldman Sachs. The firm focuses on credit-centric alternative investments and seeks to build long-term partnerships with investors, borrowers and management teams, drawing on decades of private market investing experience.
KEY QUOTES
“We are pleased to continue our long-standing relationship with Mike and Tom, who have built a strong, scalable platform with a clear strategic vision. We are committed to supporting 5C’s continued growth, expansion into new opportunities, and long-term success.”
Mohammed Saif Al-Sowaidi, CEO of Qatar Investment Authority
“We are honored to have Qatar Investment Authority as a partner and lead investor. Their global perspective and relationship-based approach complement our business and further enhances our ability to act as a capital partner of choice.”
Michael Koester and Tom Connolly, Co-Founders of 5C Investment Partners