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$475 Billion Qatar Investment Authority Buys 5% of NBA Team Washington Wizards Parent Monumental Sports & Entertainment for $200 Million, Valuing the Group at $4.05 Billion 

14th July 2023 | Hong Kong

Qatar Investment Authority (QIA) with $475 billion AUM (Assets under Management) has bought 5% of NBA team Washington Wizards parent Monumental Sports & Entertainment for $200 million, valuing the group at $4.05 billion.  Monumental Sports & Entertainment owns NBA teamWashington Wizards, WNBA team Washington Mystics (women) and the National Hockey League’s Washington Capitals.  Qatar Investment Authority (QIA) is the sovereign wealth fund of the State of Qatar, established in 2005 to protect and grow Qatar’s financial assets and to diversify the economy. 

” $475 Billion Qatar Investment Authority Buys 5% of NBA Team Washington Wizards Parent Monumental Sports & Entertainment for $200 Million, Valuing the Group at $4.05 Billion “

 



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$475 Billion Qatar Investment Authority Buys 5% of NBA Team Washington Wizards Parent Monumental Sports & Entertainment for $200 Million




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