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Apollo to buy nearly 10% stake in Abu Dhabi-backed alternative asset manager Mubadala Capital

Apollo Global Management is acquiring a minority stake of nearly 10% in Mubadala Capital, the alternative asset management subsidiary of the Abu Dhabi sovereign wealth fund Mubadala Investment Company. The strategic investment aims to support the asset manager through its next phase of growth. Both organizations announced the transaction, which deepens Apollo ties within Abu Dhabi. Financial terms of the minority purchase were not publicly detailed in the initial announcements, though sources previously indicated the acquisition size targets approximately ten percent.

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⚡ Key Developments & Real-Time Context
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  • ✓ Apollo Global Management is buying a minority stake of nearly 10% in Mubadala Capital.
  • ✓ Mubadala Capital is the alternative asset management subsidiary of Mubadala Investment Company, an Abu Dhabi sovereign wealth fund.
  • ✓ Mubadala Investment Company holds $385 billion.
  • ✓ Apollo Global Management and Mubadala Capital announced the strategic investment to support future growth.
🛡️ Source Corroboration: 13 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Apollo Global Management and Mubadala Capital officially announced a strategic investment transaction following earlier reports that a deal was nearing finalization.

Live updates

  1. Apollo Agrees to Buy Stake in Abu Dhabi's Mubadala Capital

    Apollo Global Management is acquiring a minority stake of nearly 10% in Mubadala Capital, the alternative asset management subsidiary of the Abu Dhabi sovereign wealth fund Mubadala Investment Company. The strategic investment aims to support the asset manager through its next phase of growth. Both organizations announced the transaction, which deepens Apollo ties within Abu Dhabi. Financial terms of the minority purchase were not publicly detailed in the initial announcements, though sources previously indicated the acquisition size targets approximately ten percent.

    Why it matters

    This agreement advances Apollo Global ambitions inside Abu Dhabi, a jurisdiction frequently described as a major capital hub. The deal connects the major investing giant closer to Mubadala Investment Company and its roughly $385 billion in assets. Such investments highlight the ongoing strategic capital flows between major US alternative asset managers and Middle Eastern sovereign wealth funds.

    What is confirmed

    • Apollo Global Management is buying a minority stake of nearly 10% in Mubadala Capital.
    • Mubadala Capital is the alternative asset management subsidiary of Mubadala Investment Company, an Abu Dhabi sovereign wealth fund.
    • Mubadala Investment Company holds $385 billion.
    • Apollo Global Management and Mubadala Capital announced the strategic investment to support future growth.

    What to watch next

    • Any disclosure of financial terms or valuation details for the nearly 10% stake acquisition.
    • Regulatory approvals or closing milestones for the Apollo and Mubadala Capital partnership.
    Sources used for this update (14)
    1. CNBC — Apollo to buy nearly 10% stake in Abu Dhabi-backed alternative asset manager Mubadala Capital
    2. Financial Times — Apollo takes minority stake in Abu Dhabi’s Mubadala Capital
    3. WSJ — Apollo to Take Stake in Mubadala Capital
    4. Quartz — Apollo is buying a nearly 10% stake in Mubadala Capital, an Abu Dhabi asset manager
    5. Investing.com — Apollo deepens Abu Dhabi ties with strategic investment in Mubadala Capital By Reuters
    6. Apollo Global Management — Mubadala Capital Announces Strategic Investment from Apollo
    7. Bloomberg.com — Apollo to Buy Nearly 10% Stake in Mubadala Capital, CNBC Reports
    8. Seeking Alpha — Apollo Global agrees to buy minority stake in Mubadala Capital (update) (APO:NYSE)
    9. Reuters — Apollo deepens Abu Dhabi ties with investment in Mubadala Capital
    10. www.cnbc.com — Apollo nears deal for 10% Mubadala Capital stake - CNBC
    11. www.cnbc.com — Apollo to buy nearly 10% stake in Abu Dhabi-backed Mubadala ...
    12. finance.yahoo.com — Apollo to Buy Nearly 10% Stake in Mubadala Capital, CNBC Reports
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