Mubadala named 'Fund of the Year' for global partnerships and investment activity

Mubadala named 'Fund of the Year' for global partnerships and investment activity

Mubadala Investment Company has bagged the global sovereign wealth fund industry’s top honour, becoming the “2021 Fund of the Year”, a recognition of its investment acumen and the part it has played in helping the industry to grow last year despite headwinds.

The award, from industry tracker Global SWF, is also an acknowledgement of the Abu Dhabi strategic investment arm’s high level of deal activity in 2021, partnerships it has forged with governments and investment entities across the globe, and the crucial role it has played at home in the economic recovery.

“For its significant contribution to the development of Abu Dhabi and the UAE, for its leadership in pursuing global partnerships, for its unparalleled investment and divestment activity displayed throughout the year, and, in general, for its contribution to the advancement of the SWF industry, Global SWF believes that Mubadala Investment Company is a worthy recipient of the 2021 Fund of the Year award,” said Diego Lopez, Global SWF managing director.

Mubadala, which invests on behalf of the Abu Dhabi government and has $243 billion in assets, is central to the emirate’s economic diversification drive.