Mubadala Investment Company is opening its $25bn credit platform to outside investors for the first time, as the Abu Dhabi sovereign wealth fund looks to capitalise on rising institutional demand for private credit, according to a report by Bloomberg.
The wealth fund is transferring management of the portfolio to Mubadala Capital under a long-term agreement. Mubadala will also commit a further $4.65bn to support the platform’s expansion.
The move will allow Mubadala Capital to raise third-party...
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