Abu Dhabi - Sharikat Mubasher: Mubadala Capital, the alternative asset management arm of Mubadala Investment Company, secured a strategic investment from Apollo to support its next growth phase.
Under the deal, Apollo will take a minority equity stake in Mubadala Capital and commit capital across its investment strategies, working alongside Mubadala Capital as it continues scaling as a world-class alternative asset manager, according to the official statement released yesterday.
The investment will help Mubadala Capital broaden its investor base, expand its strategies, and pursue new opportunities globally. As part of the transaction, additional strategic investors will join as minority shareholders in Mubadala Capital. Together with Apollo, the investors are expected to commit an aggregate of $5 billion to Mubadala Capital’s investment strategies at initial close.
Hani Barhoush, CEO of Mubadala Capital, said: “Apollo is one of the most respected institutions in our industry, and their confidence in what we are building reflects the strength of the platform we have created and the trajectory we are on. Apollo has been a trusted partner to Mubadala and across Abu Dhabi for many years, and we look forward to working even more closely with them as a shareholder.”
For his part, John Zito, co-president of Apollo Asset Management, commented: “This investment in the differentiated asset management platform they have built in Mubadala Capital builds on our existing partnership and reflects our conviction in their business. With a talented team, a highly complementary global network and real momentum across its investment strategies, Mubadala Capital is well positioned for its next phase of growth.”
The transaction is expected to close in the fourth quarter (Q4) of 2026, subject to regulatory and legal approvals. Following the addition of new equity shareholders, Mubadala Capital will continue to operate independently and maintain its own governance structure, with its existing management team retaining full authority over investment decisions and operations.