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Apollo to Buy Minority Stake in Mubadala Investment Unit

MT Newswires·10/27/2026 00:46:22
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12:46 AM EDT, 10/27/2026 (MT Newswires) -- US-based Apollo Global Management will buy a minority stake in Mubadala Capital, the alternative asset management unit of Abu Dhabi wealth fund Mubadala Investment Co. The New York-listed alternative asset manager, along with additional strategic investors, is expected to commit a combined $5 billion to Mubadala Capital's investment strategies at initial close, according to a Monday release. Meanwhile, Mubadala Investment will remain the majority shareholder at Mubadala Capital. Closing is expected in the fourth quarter, subject to regulatory and legal approvals.