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Alpha Dhabi Holding and Mubadala Investment Company have announced the formation of a joint venture to co-invest in credit opportunities. Alpha Dhabi and M..

Mubadala will hold 80% in the JV and Alpha Dhabi 20%

RIYADH: Abu Dhabi state fund Mubadala Investment Co. and UAE-based conglomerate Alpha Dhabi plan to co-invest up to 9 billion dirhams ($2.5 billion) in credit markets through a new joint venture. The two companies plan to use Mubadala’s relationship with US asset manager Apollo “to access high-quality private credit investment opportunities,” they said in a joint statement

The Abu Dhabi Global Market-based joint venture aims to collectively deploy up to Dhs9bn over the next five years

Alpha Dhabi Holding and Mubadala Investment Company today announced the formation of a joint venture to co-invest in credit opportunities.

Mubadala will co-invest $2.5 billion in global private credit over the next five years through a joint venture with Alpha Dhabi.

ABU DHABI, 5th January, 2023 (WAM) -- Alpha Dhabi Holding and Mubadala Investment Company today announced the formation of a joint venture to co-invest in credit opportunities. Alpha Dhabi and Mubadala aim to collectively deploy up to AED9 billion (approximately US$2.5 billion) over the next five years, leveraging Mubadala’s long-term and strategic partnership with Apollo, one of the world’s largest alternative asset managers, to access high-quality private credit investment opportunities.Mu...

Registration system aims to support community work across public and private sectors

The Department of Community Development in Abu Dhabi (DCD) has issued 20,000 individual volunteer licenses since the launch of volunteer licensing services in September 2021, promoting and encouraging the culture of volunteering in the Emirate. This came

Alpha Dhabi’s luxury and lifestyle vertical will focus on building a portfolio and driving the development of brands by scaling their reach, diversifying their offering and catalysing their growth. The lifestyle vertical and portfolio will go beyond investments in the F&B sector and aims to build a world-class portfolio of lifestyle, luxury, hospitality, F&B and entertainment brands looking to accelerate their expansion and growth.