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The Qatar Investment Authority, which controls over $100 billion of assets, said it was ready to boost investment in the U.K. after acquiring stakes in British companies such as Barclays Plc. and J Sainsbury Plc.The wealth fund also played a pivotal role in Glencore International Plc.'s $29 billion takeover of Xstrata Plc. in 2012 after demanding the Swiss commodities trader boost its offer for Xstrata, in which it had built a stake of more than 10 percent.Qatar bought London's Harrods department store in 2010 and has invested about 250 million pounds ($413 million) in the business, Sayyed said.Sayyed had been chief executive of Qatar Holding LLC, the foreign investment arm of the QIA.The QIA invests globally and is seeking "quality," above large deals, Sayyed said in response to a question on the fund's decision to take stakes in sizeable public companies.
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