Overview
- Mubadala Capital announced Monday that Apollo and other strategic investors will take minority equity positions and commit roughly $5 billion to the firm’s investment strategies.
- Mubadala Investment Company will remain the majority shareholder and Mubadala Capital will retain its existing management and governance with independent control over investment decisions.
- Multiple reports say Apollo is finalizing a stake of about 10 percent, with The National reporting Apollo’s contribution at just over $1 billion, though Mubadala’s public release did not specify Apollo’s exact percentage.
- The move builds on a years-long relationship between Apollo and Mubadala that includes multibillion-dollar partnerships and a 2023 $2.5 billion private‑credit joint venture.
- The deal signals growing two‑way ties between U.S. asset managers and Abu Dhabi capital and could let Mubadala Capital scale its alternatives platform and expand its reach in markets such as North America.