Key Takeaways
- • Apollo Global Management and other strategic investors are expected to commit a combined $5 billion across Mubadala Capital's investment strategies, according to Khaleej Times.
- • Apollo will acquire a minority stake in Mubadala Capital, the alternative investment arm of Mubadala Investment Company.
- • Nahda Capital Partners characterizes the deal as evidence that the UAE has developed a financial industry with international recognition.
- • Nahda Capital Partners argues private equity can extend beyond capital to professionalize family-owned and mid-sized GCC businesses.
Summary
Apollo Global Management and other strategic investors are expected to commit a combined $5 billion across the investment strategies of Mubadala Capital, the alternative investment arm of Mubadala Investment Company, according to Khaleej Times. As part of the new partnership, Apollo will also acquire a minority stake in Mubadala Capital. The article frames the agreement as a marker of the UAE's growing position in the global private equity industry.
Nahda Capital Partners, a UAE-based private equity firm, said the partnership reflects a broader shift in the country's financial sector, which has moved from attracting international investment managers to developing domestic institutions capable of competing globally. Iñigo de Luna, CEO of Nahda Capital Partners, said the deal underscores the international recognition of the UAE's investment industry. He noted that the firm established its base in the UAE because of the potential of its investment ecosystem.
The article also highlights the potential role of private equity in supporting regional businesses. Manuel de Luna, Partner at Nahda Capital Partners, said family-owned and mid-sized companies across the GCC could benefit from capital for expansion and acquisitions, as well as help in professionalizing management, strengthening governance, and attracting senior executives. Nahda Capital said its strategy focuses on acquiring majority stakes, improving operational performance and supporting regional expansion.
The Apollo-Mubadala Capital agreement comes as the UAE continues to develop its alternative investment industry through international partnerships and the growth of locally based investment firms. The article does not disclose the timing of closings or the specific allocation among Mubadala Capital's strategies.
Nahda Capital Partners, a UAE-based private equity firm, said the partnership reflects a broader shift in the country's financial sector, which has moved from attracting international investment managers to developing domestic institutions capable of competing globally. Iñigo de Luna, CEO of Nahda Capital Partners, said the deal underscores the international recognition of the UAE's investment industry. He noted that the firm established its base in the UAE because of the potential of its investment ecosystem.
The article also highlights the potential role of private equity in supporting regional businesses. Manuel de Luna, Partner at Nahda Capital Partners, said family-owned and mid-sized companies across the GCC could benefit from capital for expansion and acquisitions, as well as help in professionalizing management, strengthening governance, and attracting senior executives. Nahda Capital said its strategy focuses on acquiring majority stakes, improving operational performance and supporting regional expansion.
The Apollo-Mubadala Capital agreement comes as the UAE continues to develop its alternative investment industry through international partnerships and the growth of locally based investment firms. The article does not disclose the timing of closings or the specific allocation among Mubadala Capital's strategies.
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