(Bloomberg) — Qatar Investment Authority’s head of technology, media and telecommunications investing has left the sovereign wealth fund, according to a person with knowledge of the matter.
New York-based Sumit Pande resigned to pursue another opportunity, said the person, who requested anonymity discussing the move as it’s not yet public.
A QIA representative didn’t immediately respond to a request for comment. Pande declined to comment.
Pande joined QIA in 2017 after over a decade at Morgan Stanley, his LinkedIn profile shows. He led QIA’s investments in companies including Palantir Technologies Inc., Gigamon, Byju’s, VerSe Innovation, Impact.com, Coveo, Checkout.com and Universal Music Group. Pande was also involved in the sovereign wealth fund’s $375 million commitment to back Elon Musk’s takeover of Twitter Inc., which the billionaire is being sued to complete.
Other US-based technology-focused sovereign wealth fund executives have stepped away from their posts in the past year. The former global head of TMT at Temasek, Mukul Chawla, left to join KKR & Co. and the former head of GIC’s technology investment group, Jeremy Kranz, left to start a new fund.
More stories like this are available on bloomberg.com
©2022 Bloomberg L.P.
