Mubadala Investment Company, through its Abu Dhabi Investment Council (ADIC) unit, has invested in a $2 billion fundraising round for the New York-based hedge fund ExodusPoint Capital. The new capital injection boosts the US firm’s total assets to $14.5 billion.
Quick Facts
- ADIC invested in ExodusPoint’s $2 billion fundraising round.
- The hedge fund’s total assets now reach $14.5 billion.
- ExodusPoint’s multi-strategy fund reported 18% returns last year.
A Strategic Move into High-Performing US Assets
While the specific amount invested by ADIC was not disclosed, the participation underscores the sovereign wealth fund’s continued focus on high-yield global opportunities. This marks the first capital raise for ExodusPoint since 2023, when it secured approximately $1 billion. The firm’s strong performance, delivering 18 percent returns last year, makes it an attractive target for institutional investors.
The move comes shortly after Mubadala raised nearly $2 billion from selling 22 million shares in the chipmaker GlobalFoundries, indicating an active reallocation of its vast capital reserves.
Mubadala’s Global Portfolio Diversification
This investment aligns with Mubadala’s broader global strategy. The Emirati sovereign fund manages a $385 billion portfolio with assets spanning six continents. North America represents the largest portion of its holdings, accounting for 44 percent of its assets.
Other significant regions in its portfolio include Europe (15 percent) and the Asia Pacific (13 percent). Domestically, Mubadala holds major stakes in entities like First Abu Dhabi Bank, Emirates Global Aluminium, and the tech company G42, with 24 percent of its total assets invested within the UAE.
About Mubadala Investment Company
Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the Government of Abu Dhabi. With a portfolio valued at $385 billion, Mubadala is invested in more than 50 countries across various sectors and asset classes.
Source: AGBI
