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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.