Mubadala Capital

Mubadala Capital is wholly owned by Mubadala Investment Company, Abu Dhabi's sovereign investor. The parent is the first and largest LP in every fund, creating strong alignment. The sovereign connection provides permanent capital and access to a global network that sources complex, proprietary transactions — a structure that lets the firm underwrite deals other managers might avoid.

Since 2017 it has raised third-party capital from institutional investors, family offices, and private wealth clients. The firm runs closed-end funds, SPVs, and evergreen vehicles. Its solutions business also provides primaries, secondaries, and co-investment access to outside LPs, making it a hybrid sovereign-affiliated GP rather than a pure captive allocator.

Brazil is a dedicated strategy within the firm, run as 'Special Opportunities – Brazil.' It actively manages assets acquired at discounts to intrinsic value across diverse sectors, applying operational expertise to unlock full value from complex situations.

It operates through strategic holdings rather than a branded wealth-management division. The largest piece is CI Financial, one of North America's biggest wealth and asset managers, which Mubadala Capital agreed to acquire for C$12.1 billion in 2024. The firm also holds stakes in insurance platforms and a credit manager, building a multi-channel private-wealth ecosystem.

Its primary credit exposure comes through Silver Rock Financial, a jointly owned credit-focused manager that operates independently. In 2024, Mubadala Capital also took a large stake in a US credit fund, signaling appetite for scaling credit strategies alongside its equity and venture businesses.