Google+ Followers

Thursday, 20 April 2017

Abu Dhabi's Mubadala attracts $2.5 billion in Europe private equity deal | Reuters

Abu Dhabi's Mubadala attracts $2.5 billion in Europe private equity deal | Reuters:

"Mubadala Capital, an arm of Abu Dhabi's state fund Mubadala, said it had conudcted a private equity transaction with European fund manager Ardian, which had committed to invest $2.5 billion in the deal. It is the first time that Mubadala Capital is accepting capital from third-party investors, Mubadala said in a statement on Thursday. The deal has two components: Ardian is acquiring an interest in a private equity portfolio currently managed by Mubadala Capital, and Mubadala is establishing a new private equity fund in which Ardian will be a lead investor."



'via Blog this'