Queensland Investment Corporation
Queensland Investment Corporation (QIC) is a statutory Queensland Government-owned investment corporation that manages over $135 billion in sovereign and institutional assets across energy, critical minerals, infrastructure, defense, and aerospace for the state.
- Company typePrivate
- Founded1991
- HeadquartersBrisbane, Australia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Queensland Investment Corporation does
Queensland Investment Corporation (QIC) is a statutory, government-owned investment corporation established in 1991 and wholly owned by the Queensland Government, headquartered in Brisbane, Australia. QIC manages over $135 billion in assets under management on behalf of the state, operating as the state's principal sovereign wealth and institutional investment vehicle. Its mandate spans direct and co-investments across energy, critical minerals, infrastructure, aerospace, agriculture, and transport, with notable positions including a consortium-led stake in Tilt Renewables, holdings in Virgin Australia, and a portfolio of Australian space and hypersonic defense companies such as Gilmour Space Technologies and Hypersonix Launch Systems.
QIC's business model centers on long-horizon capital allocation rather than fee-for-service product sales; revenue is derived from asset management fees and performance returns on managed pools rather than disclosed commercial pricing. Distribution occurs through institutional co-investment with peers such as the Future Fund, La Caisse, the National Reconstruction Fund Corporation, and Wollemi Capital, and through dedicated state-backed funds including the AU$200 million North West Energy Fund and the Sovereign Industry Development Fund. The corporation has 501–1000 employees and is operationally active across Australia, North America, and select Asia-Pacific markets.
The company's strategic posture in 2025–2026 reflects an explicit pivot toward sovereign industrial capability — defense, critical minerals, domestic energy security, and space — funded by new thematic state mandates and reinforced by recent board appointments including former federal opposition leader Peter Dutton. Divestment of non-core offshore real estate (Victoria Gardens, $530M) alongside aggressive new investment activity indicates active capital recycling into Queensland-aligned strategic priorities.
Queensland Investment Corporation firmographics
Firmographics- Name
- Queensland Investment Corporation
- Legal name
- Queensland Investment Corporation
- Website
- https://qic.com.au
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Queensland Investment Corporation (QIC) is a statutory Queensland Government-owned investment corporation that manages over $135 billion in sovereign and institutional assets across energy, critical minerals, infrastructure, defense, and aerospace for the state.
- Ownership category
- akta.pro rank
Queensland Investment Corporation industry classification
Industry- Product category
- Sovereign Wealth & Institutional Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Core Infrastructure Funds (Transport, Social, Digital, Utilities) (FSANAEAA)
- akta.pro secondary industries
- Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD), Security & Defense / GovTech Growth Equity (FSANACAN), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
Keywords
Where Queensland Investment Corporation is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Queensland Investment Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Others
Queensland Investment Corporation product offering
Product offeringCore offering
Queensland Investment Corporation (QIC) is a statutory, government-owned investment corporation that manages over $135 billion in assets under management on behalf of the Queensland Government. It invests across multiple sectors including energy, critical minerals, defense, infrastructure, agriculture, aerospace, and space technology, deploying capital through direct investments, co-investments with institutional partners, and dedicated state-backed funds such as the North West Energy Fund and the Sovereign Industry Development Fund.
Product overview
Queensland Investment Corporation (QIC) is a sovereign wealth fund and investment manager, not a technology product company. It manages a diverse portfolio of investments across multiple sectors including energy (InCharge Energy, Tilt Renewables, North West Energy Fund), critical minerals (Iltani Resources/indium, Austral Resources/copper), agriculture (Kalfresh bioenergy facility), aerospace (Hypersonix Launch Systems, Gilmour Space Technologies), space technology, infrastructure (Victoria Gardens retail center), and transportation (Virgin Australia). These represent equity investments and portfolio holdings, not products or services offered by QIC to external customers. QIC's core business is capital investment and asset management rather than technology product development or sales.
Differentiator
Problem solved
Functional benefit
Products and services
- North West Energy Fund
- Sovereign Industry Development Fund
- Institutional Asset Management Services
Companies that use Queensland Investment Corporation
Customer profileSegments1 record
Ideal customer profiles2 records
Queensland Investment Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Queensland Investment Corporation partnerships and signals
Strategic signalScale indicators1 record
Recent moves7 records
Expansion highlights6 records
Queensland Investment Corporation competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Queensland Investment Corporation social profiles
Digital presenceQueensland Investment Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Queensland Investment Corporation leadership team
Management profileNumber of profiles
Profiles3 records
Queensland Investment Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Queensland Investment Corporation M&A and investment
M&A and investmentM&A3 records
Investments26 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Queensland Investment Corporation
What does Queensland Investment Corporation do?
Queensland Investment Corporation (QIC) is a statutory, government-owned investment corporation that manages over $135 billion in assets under management on behalf of the Queensland Government. It invests across multiple sectors including energy, critical minerals, defense, infrastructure, agriculture, aerospace, and space technology, deploying capital through direct investments, co-investments with institutional partners, and dedicated state-backed funds such as the North West Energy Fund and the Sovereign Industry Development Fund.
Is Queensland Investment Corporation a public or private company?
Queensland Investment Corporation is a private company. It is classified as state government owned and is currently operating.
When was Queensland Investment Corporation founded?
Queensland Investment Corporation was founded in 1991. It employs 501 to 1,000 people.
Where is Queensland Investment Corporation based?
Queensland Investment Corporation is headquartered in Brisbane, Australia, in the Oceania region.
Does Queensland Investment Corporation have an API?
No public API is recorded for Queensland Investment Corporation.
What industry is Queensland Investment Corporation in?
Queensland Investment Corporation's product category is Sovereign Wealth & Institutional Asset Management. Its primary akta.pro industry code is FSANAEAA, Core Infrastructure Funds (Transport, Social, Digital, Utilities), with a secondary code of FSANAEAD, Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS). Its NAICS code is 523940 and its SIC code is 6282.