Abu Dhabi’s Mubadala pours $10B into TWG Global

Abu Dhabi’s Mubadala pours $10B into TWG Global

The NewsMubadala has put a fresh spin on Gulf sovereign wealth funds’ seemingly insatiable appetite for foreign investments — by selling a piece of its asset management business to an American private equity firm. A two-way deal with TWG Global, the investment firm led by Guggenheim Partners founder Mark Walter and entertainment financier Thomas Tull, will see TWG invest $2.5 billion for a 5% stake in Mubadala Capital, only the second time an ou…

US - Mubadala Capital, TWG Global To Enter Investment Alliance. - Conventus Law

Skadden is advising Mubadala Capital (MC) on its multifaceted, multibillion-dollar collaboration with TWG Global, which will enable each organization to enhance investments across multiple sectors and asset classes. Under this investment alliance and as part of TWG’s $15 billion equity raise, MC will anchor and lead a $10 billion syndicated investment in TWG Global. Todd Freed, Patrick Lewis, Michelle Gasaway, Michael Leiter and Victor Hollender…