The joint venture (JV), which will focus on the Middle East and North Africa investment markets, also plans to also bolster operations into other emerging markets, the news agency added.
Bloomberg further added that the JV may be announced this year, and that the initiative follows 12 months of negotiations between Credit Suisse and Qatar.
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Earlier, Credit Suisse has advised QIA on several deals including the purchase of the luxury department store Harrods and Qatar had also taken a 6% stake in the Swiss firm.
On the topic of the joint venture, spokespersons at the QIA and Credit Suisse declined to comment to Bloomberg.
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