Apollo Deepens Abu Dhabi Ties with Strategic Investment in Mubadala Capital
Apollo will join other minority investors in Mubadala Capital as the Abu Dhabi firm expands its global investment platform.
- On Monday, Apollo Global Management is finalizing a deal to acquire nearly a 10% stake in Mubadala Capital, the alternative asset manager subsidiary of Abu Dhabi's sovereign wealth fund, Mubadala Investment Company.
- Apollo has spent 15 years building strategic relationships in Abu Dhabi, with the new deal following partnerships established in 2022 and extended two years ago.
- Mubadala Capital advises over $755 billion in assets, with Apollo's core alternatives business grown to more than $60 billion. "Capital as a moat is a big thing," said one person familiar with the deal.
- This transaction reverses traditional investment dynamics, with an American firm making a significant direct investment in Abu Dhabi, building on a $2.5 billion joint venture formed in 2023.
- Under CEO Hani Barhoush, Mubadala Capital aims to advance its growth strategy, with the deal mirroring previous Apollo agreements with Diameter Capital and Motive Partners.
14 Articles
14 Articles
Apollo takes stake in Abu Dhabi’s Mubadala Capital
Apollo Global Management is taking a stake in Mubadala Capital, the alternative-asset management arm of the Abu Dhabi sovereign wealth fund Mubadala, and will put additional capital into its investment strategies, deepening the US firm’s ties with one of the Middle East’s most prolific investors.Apollo, alongside others, will take a minority stake in Mubadala Capital and commit $5 billion across its investment strategies. Apollo joins Silver Roc…
STOCK MARKET: Apollo nears deal for 10% Mubadala Capital stake
Investing giant Apollo Global Management is finalizing a deal to buy nearly a 10% stake in Mubadala Capital, the alternative asset manager subsidiary of Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, according to people familiar with the matter who spoke on condition of anonymity. The deal is expected to be announced later Monday morning, they said. Financial terms were not immediately known. The transaction is significant on m…
Apollo deepens Abu Dhabi ties with strategic investment in Mubadala Capital
DUBAI, Oct 26 (Reuters) - Apollo Global Management is buying a minority stake in Mubadala's alternative asset management unit and committing capital across its various investment strategies, subsidiary Mubadala Capital said on Monday, as the US ...
Apollo to Buy Nearly 10% Stake in Mubadala Capital, CNBC Reports
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