Wednesday 8 August 2018

Mubadala Dealmaking Surges to Dwarf Mid-East Peers -- For Now - Bloomberg

Mubadala Dealmaking Surges to Dwarf Mid-East Peers -- For Now - Bloomberg:

While Saudi Arabia’s sovereign wealth fund might be attracting all the hype, business is brisk a little to the east in Abu Dhabi.

Mubadala Investment Co., which doubled in size after a tie-up with another local fund, is using its new scale to compete for global deals and sell assets. Since the start of 2017, it’s completed 31 deals, according to the Sovereign Wealth Fund Institute, with more in the works. Saudi Arabia’s Public Investment Fund completed 16 deals and boycott-hit Qatar Investment Authority did 19.

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