Qic

**Background:** QIC US Investment Services Inc (QUIS) is an investment advisory firm founded in 2012 and is a wholly-owned subsidiary of QIC Limited, a government-owned corporation of the State of Queensland in Australia. QIC is one of the largest investment managers in Australia with over $75 billion in assets under management as of June 30, 2024. QUIS specializes in real estate, infrastructure, private equity, and private debt investments. The firm tailors its services to meet the specific investment objectives of each client account. **Expertise:** QUIS offers investment strategies in real estate, infrastructure, private equity, and private debt. The firm's investment philosophy involves integrating environmental, social, and governance (ESG) considerations into the investment process. QUIS manages approximately $2.15 billion on a discretionary basis and $3.76 billion on a non-discretionary basis as of June 30, 2024. **Consumer-Facing Terms:** - **Minimum Initial Investment:** Not specified. - **Fee Structure:** QUIS charges fees based on a "cost plus" basis for sub-advisory services and receives base management fees calculated as a percentage of assets under management. - **Fiduciary Status:** QUIS acts as an investment adviser and is subject to a Code of Ethics that requires compliance with standards of conduct and pre-approval of personal securities transactions. - **Investment Discretion:** QUIS retains investment discretion for some client accounts, while for others, investment discretion is held by QIC's investment teams. **Investment Philosophy:** QUIS focuses on long-term commitments with no certainty of return, managing highly illiquid investments, and integrating ESG considerations into the investment decision-making process. This summary provides an overview of QUIS's background, expertise, consumer-facing terms, and investment philosophy as outlined in the brochure dated September 28, 2024. For further details or specific inquiries, please contact QUIS directly.