Milken rallies investments at Mubadala tennis tournament

Mubadala plans to devote about $170 billion to U.S. interests, roughly 44% of its portfolio, spanning AI and healthcare to energy and advanced manufacturing.

The strategy was at the center of discussions during a Milken Institute forum last week, held alongside the Mubadala D.C. Open, the UAE sovereign wealth fund’s annual ATP 500/WTA 500 tournament in Washington, D.C.

“For Mubadala, the U.S. is our most strategic and attractive investment market,” said Ahmed Saeed Al Calily, Mubadala’s Chief Strategy & Risk Officer.

Among the participants were seven-time Grand Slam singles champion Venus Williams, Washington D.C. Mayor Muriel Bowser, Will Ahmed, Co-Founder and CEO of Whoop; Sen. Mike Rounds (R-South Dakota); Michael Kratsios, Director of the White House Office of Science and Technology Policy; and Richard Ditizio, CEO of the Milken Institute.

The tennis tournament was scheduled to wrap up on Monday after play was suspended due to thunderstorms. Third-seeded Taylor Fritz was slated to face Rafael Jodar in the men’s final while Jessica Pegula and Alexandra Eala compete for the women’s title.