Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi’s Mubadala Investment Company, has successfully completed the final close of its inaugural co-investment fund at $554 million. The fund, named Mubadala Capital Co-Investment Fund (MCCF I), was significantly oversubscribed, showcasing strong global investor confidence in the firm’s strategy.
Exceeding Expectations
The final close of MCCF I considerably surpassed its initial $400 million target. Strong demand from investors prompted an increase in the fund’s hard cap from $500 million to accommodate the additional interest, ultimately closing at a successful $554 million.
Global Investor Confidence
MCCF I attracted capital from a diverse and global base of institutional investors, with commitments spanning North America, Europe, the Middle East, and Asia. The investor pool includes a mix of prominent asset managers, financial institutions, endowments, and family offices, reflecting widespread trust in Mubadala Capital’s investment model.
Strategic Co-Investment Focus
The fund is dedicated to pursuing direct private equity co-investments alongside premier, established sponsors. It will target high-quality businesses operating in high-growth sectors, including financial services, healthcare services, software, media and entertainment, and education. MCCF I is part of the broader Mubadala Capital Solutions platform, which provides institutional investors access to private markets through co-investments, primary and secondary strategies, and tailored separately managed accounts.
Maxime Franzetti and Fatima Al Noaimi, Co-Heads of Mubadala Capital Solutions, commented on the successful close.
“This milestone reflects the confidence our partners place in our ability to source and execute compelling opportunities, and validates our differentiated approach to co-investing. The momentum we’ve seen gives us confidence as we continue expanding our third-party platform and deploying capital into high-quality opportunities alongside the world’s leading sponsors.”
About Mubadala Capital
Mubadala Capital is a global alternative asset management platform and a subsidiary of Mubadala Investment Company. With a team of over 200 professionals across offices in Abu Dhabi, New York, London, San Francisco, and Rio de Janeiro, the firm invests across multiple asset classes and geographies, including private equity, special opportunities, and other alternative investments. It combines the stability of sovereign ownership with the agility of a performance-driven global asset management firm.
Source: Zawya
