Alpha Dhabi Holding PJSC and Mubadala Investment Company said Monday that their joint venture, which was established in 2023, has achieved a noteworthy milestone by accumulating a portfolio of global credit possibilities worth about $1 billion. This accomplishment highlights the partnership’s strong momentum and development as it moves closer to its objective of deploying up to $2.5 billion by 2028.
Mubadala owns 80% of the joint venture, which is headquartered in Abu Dhabi Global Market. Alpha Dhabi owns the remaining 20%. Mubadala uses the joint venture to access excellent private credit investment opportunities by leveraging its strategic and long-standing partnership with Apollo, one of the biggest alternative asset managers in the world. Since its establishment in 2023, the collaboration has concentrated on locating and seizing excellent loan prospects in industries and regions that provide alluring risk-adjusted returns.
Alpha Dhabi’s partnership with Mubadala and Apollo highlights our commitment to best-in-class long-term partnerships with leading investment managers,” stated Hamad Salem Al Ameri, Managing Director and Group Chief Executive Officer of Alpha Dhabi Holding. Gaining access to exclusive private credit possibilities allows us to diversify our portfolio geographically and asset class-wise while producing higher risk-adjusted returns.
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