Mubadala Opens $25 Billion Credit Business to Outside Investors, Adding $4.65 Billion for Expansion
Updated
Updated · Bloomberg · Jul 6
Mubadala Opens $25 Billion Credit Business to Outside Investors, Adding $4.65 Billion for Expansion
2 articles · Updated · Bloomberg · Jul 6
Summary
Mubadala is shifting a $25 billion credit portfolio to Mubadala Capital under a long-term management agreement that lets the platform raise third-party money for the first time.
The move opens one of Abu Dhabi wealth fund’s largest investment businesses to outside investors as institutional demand for alternative lending continues to grow.
Mubadala will also commit an additional $4.65 billion to expand the credit platform, deepening its push into private credit alongside external fundraising.
As US credit defaults surge, is Mubadala's $25B private credit entry a perfectly timed move or a late-cycle gamble?
Beyond oil, how will Abu Dhabi's new global credit fund reshape its economic power on the world stage?
With Western markets faltering, can Gulf private credit offer a safer haven for institutional investors seeking stable returns?
Mubadala Launches $25 Billion Private Credit Program, Welcomes Outside Investors in Landmark Abu Dhabi Move
Overview
Mubadala Investment Company has made a major strategic shift by opening its credit investment business to outside investors for the first time. This move includes launching a $25 billion private credit and direct lending program in partnership with Apollo Global Management and Citigroup. Mubadala will act as a strategic partner in this initiative, which aims to finance a wide range of debt opportunities over several years. This expansion marks a pivotal moment for the Abu Dhabi-based sovereign investor, signaling a new era of collaborative investment and strengthening its position in the rapidly evolving private credit market.