Key facts
- Apollo Global Management is acquiring a minority equity stake in Mubadala Capital.
- Apollo and other investors will commit an aggregate of $5 billion to Mubadala Capital's strategies.
- Mubadala Capital manages over $60 billion across five investment strategies.
- Mubadala Investment Company remains the majority shareholder of Mubadala Capital.
Apollo Global Management is deepening its ties with Abu Dhabi's Mubadala Investment Company by acquiring a minority stake in its alternative asset management unit, Mubadala Capital. The US investment giant, along with other strategic investors, is expected to commit a total of $5 billion to Mubadala Capital's investment strategies. Mubadala Capital, which manages over $60 billion across five strategies, will continue to operate independently with its existing management team retaining authority over investment decisions. The transaction is subject to regulatory and legal approvals and is anticipated to close in the fourth quarter of 2026.