Apollo Takes Strategic Stake in Mubadala Capital, Deepening Middle East Investment Ties
Apollo Global Management has announced a strategic minority investment in Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi’s sovereign wealth fund. This investment, which could be around 10%, aims to broaden Mubadala Capital's investor base, expand its strategies, and pursue new global opportunities, further strengthening Apollo's presence in Abu Dhabi. Together with additional strategic investors, an aggregate of $5 billion is expected to be committed to Mubadala Capital’s investment strategies.
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