Mubadala Capital starts operations as a wholly owned asset management unit of Mubadala

Mubadala Capital started operations as a wholly owned asset management unit of Mubadala Investment Company of Abu Dhabi, as it seeks to “rigorously research” investment opportunities around the world.

“Mubadala Capital has a proven track record of finding proprietary investment opportunities and generating attractive risk-adjusted returns, while building long-term, trusted partnerships with leading institutional investors,” said Hani Barhoush , Managing Director and Managing Director of Mubadala Capital, in a statement. Thursday.

“By operating as a wholly owned asset, we will be able to accelerate the growth of Mubadala Capital and more rigorously pursue our highly targeted investment strategies, while continuing to invest both through our own balance sheet and on behalf of our external investors. “

Established in 2011, Mubadala Capital has grown significantly over the past decade and currently manages over $ 15 billion in assets. In addition to Abu Dhabi, it has offices in New York, London, San Francisco and Rio de Janeiro.

While Mubadala Capital now operates as an asset, it remains fully owned by Mubadala, allowing it to leverage the scale and network of its sovereign parent company, while placing more emphasis on value creation at long term for its investors and partners, according to the press release. .

Mubadala Capital currently manages three private equity funds, including two early stage venture capital funds, a “long term public equity fund” and two special opportunities funds in Brazil with assets across a wide range. sectors and geographic areas.

Earlier this year, it closed its third $ 1.6 billion private equity fund focused on investing in sectors such as media, sports, consumer and foodservice in North America and Europe.

Mubadala manages $ 243 billion in assets and invests on behalf of the government of Abu Dhabi. The sovereign wealth fund is leading the emirate’s efforts to diversify its income base and generate income from sources other than oil.

Update: November 18, 2021, 2:40 p.m.

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