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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.Mubadala will hold 80% ownership in the Abu Dhabi Global Market-based joint venture entity, with the.....

Alpha Dhabi Holding and Mubadala Investment Company have formed a joint venture to co-invest in global credit opportunities, deploying up to AED9 billion ($2.5 billion) over the next five years.

The listings saw total demand reach Dh1.454 trillion

Two Louisiana technology companies that are meeting challenges accelerated by the COVID pandemic sold in November. One is focused on education and the other in supply chain management.