Key Takeaways
- • Apollo Global Management is buying a minority stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala wealth fund, according to the publisher summary.
- • Apollo will commit capital across Mubadala Capital's investment strategies, deepening its ties with Abu Dhabi sovereign-linked capital.
- • Other strategic investors will also become minority shareholders in Mubadala Capital alongside Apollo.
- • The available source does not disclose the stake size, purchase price, or valuation.
Summary
Apollo Global Management is acquiring a minority stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala wealth fund, according to the publisher summary from Opalesque. The transaction also includes a commitment of capital by Apollo across Mubadala Capital's investment strategies, linking the two firms' alternative investment platforms more closely.
Apollo is not the only new investor. Other strategic investors will also become minority shareholders in Mubadala Capital as part of the same transaction. The headline framing, reported by regional radio affiliates, characterizes the deal as a deepening of Apollo's relationship with Abu Dhabi. The source material available does not specify the size of Apollo's stake, the total capital committed, the identities of the other strategic investors, or the valuation, and those details should be confirmed against the company's announcement or filings.
Apollo is not the only new investor. Other strategic investors will also become minority shareholders in Mubadala Capital as part of the same transaction. The headline framing, reported by regional radio affiliates, characterizes the deal as a deepening of Apollo's relationship with Abu Dhabi. The source material available does not specify the size of Apollo's stake, the total capital committed, the identities of the other strategic investors, or the valuation, and those details should be confirmed against the company's announcement or filings.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.