Opening up

Mubadala transfers $25B private credit portfolio to capital arm

Mubadala chief Khaldoon Al Mubarak becomes Chairman of Mubadala Capital, now one of the Mideast's largest alternative asset managers

Krisztian Bocsi/Bloomberg via Getty Images

Mubadala Group CEO Khaldoon Al Mubarak will also serve as Chairman of Mubadala Capital

Abu Dhabi’s Mubadala sovereign wealth fund is handing management of a $25 billion private credit portfolio to its asset management arm, Mubadala Capital, in a move that will let the business raise money from outside investors for the first...