Key Takeaways
- • Apollo Global Management is finalizing a deal to acquire a nearly 10% stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala Investment Company.
- • The transaction deepens an existing partnership between Apollo and Mubadala, which already includes a $2.5 billion joint venture in private credit.
- • Mubadala Capital manages over $755 billion in assets, including $60 billion in alternatives, according to the source article.
- • The deal strengthens Apollo's strategic footprint in Abu Dhabi, a key global investment hub.
Summary
Apollo Global Management is finalizing a transaction to acquire nearly a 10% stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's Mubadala Investment Company, according to Pluang's report. The investment would deepen a relationship that already includes a $2.5 billion joint venture in private credit between the two firms.
The source article frames the move as part of a broader trend toward scale in asset management, with American firms taking direct stakes in Middle Eastern investment platforms. Mubadala Capital manages more than $755 billion in assets, of which $60 billion is allocated to alternatives. The article states the investment supports Mubadala Capital's global growth ambitions.
Apollo's shares were trading at USD 112.95 on Pluang as of October 26, 2026, up 0.11% on the day, with a market capitalization of $66.63 billion and volume of 2,779,945 shares. The source does not disclose the transaction's financial terms or closing timeline.
The source article frames the move as part of a broader trend toward scale in asset management, with American firms taking direct stakes in Middle Eastern investment platforms. Mubadala Capital manages more than $755 billion in assets, of which $60 billion is allocated to alternatives. The article states the investment supports Mubadala Capital's global growth ambitions.
Apollo's shares were trading at USD 112.95 on Pluang as of October 26, 2026, up 0.11% on the day, with a market capitalization of $66.63 billion and volume of 2,779,945 shares. The source does not disclose the transaction's financial terms or closing timeline.
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