The Kuwait Investment Authority ( “ KIA ” ) was constituted in 1982 as an “ Independent Public Authority with an autonomous status , … placed under the overall … charge of the Minister of Finance ” . KIA was responsible for the management , in the name and account of the Government of Kuwait , of Kuwait ’ s main reserves , comprising its Future Generations Fund ( the “ FGF ” ) , its General Reserve Fund ( “ GRF ” ) [ xvi ] and other funds , and of a portfolio of commercial and residential real estate .