Key Takeaways
- • Apollo Global Management will acquire a minority stake in Mubadala Capital, the alternative investment arm of Mubadala Investment Company, under an agreement announced Monday, October 26, 2026.
- • Apollo and additional strategic investors are expected to commit a combined US$5 billion across Mubadala Capital's investment strategies.
- • The transaction is presented as evidence of the UAE's growing standing as a global centre for alternative investments and its maturing private equity sector.
- • Nahda Capital Partners executives framed private equity as a tool for GCC family-owned and mid-market businesses seeking governance, talent and expansion capital.
Summary
Apollo Global Management has agreed to acquire a minority stake in Mubadala Capital, the alternative investment arm of Mubadala Investment Company, according to a press release distributed via MENAFN and republished by Zawya. The agreement was announced on Monday, October 26, 2026. Apollo and additional strategic investors are expected to commit a combined US$5 billion across Mubadala Capital's investment strategies. The release did not disclose the size of Apollo's individual stake or the terms of the agreement.
The publication positions the deal as another marker of the UAE's emergence as a major global hub for alternative investments. It notes that over the past decade the country has attracted leading international investment managers while developing domestic institutions capable of competing internationally.
Iñigo de Luna, CEO of UAE-based private equity firm Nahda Capital Partners, said the transaction reinforces a long-term trend, stating that the partnership between Apollo and Mubadala Capital is "another example of how the UAE has successfully developed a financial industry that commands international recognition." Manuel de Luna, Partner at Nahda Capital Partners, argued that private equity offers value beyond capital, including help for family businesses to professionalise management, build independent governance, attract senior talent and execute acquisitions.
Nahda Capital Partners describes itself as one of the independent UAE-based private equity firms pursuing established GCC businesses, with an approach centred on majority ownership, operational improvements and regional expansion. The commentary is promotional in nature and comes from a firm active in the same market, so its perspective should be weighed accordingly.
The publication positions the deal as another marker of the UAE's emergence as a major global hub for alternative investments. It notes that over the past decade the country has attracted leading international investment managers while developing domestic institutions capable of competing internationally.
Iñigo de Luna, CEO of UAE-based private equity firm Nahda Capital Partners, said the transaction reinforces a long-term trend, stating that the partnership between Apollo and Mubadala Capital is "another example of how the UAE has successfully developed a financial industry that commands international recognition." Manuel de Luna, Partner at Nahda Capital Partners, argued that private equity offers value beyond capital, including help for family businesses to professionalise management, build independent governance, attract senior talent and execute acquisitions.
Nahda Capital Partners describes itself as one of the independent UAE-based private equity firms pursuing established GCC businesses, with an approach centred on majority ownership, operational improvements and regional expansion. The commentary is promotional in nature and comes from a firm active in the same market, so its perspective should be weighed accordingly.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.