AC Limited, MBZ’s family office, emerges as corporate funder

AC Limited, the family office of UAE President Sheikh Mohamed bin Zayed, has become a major source of capital for private equity, hedge funds and corporate deals while managing assets believed to be worth tens of billions of dollars.

The firm has invested in companies including Amazon, Microsoft, Nvidia and McLaren, while backing funds and transactions involving Blackstone, Carlyle, Ardian and Hayfin, Bloomberg reports.

The report said AC Limited’s role in most of those investments had not previously been disclosed, with people familiar with the firm describing it as one of the world’s most influential family offices despite its intentionally low public profile.

A sparse one-page website omits any reference to its royal ownership, executives or investments, and executives seeking capital are warned not to ask whose money the firm manages.