Abu Dhabi’s Mubadala Builds $20 Billion Private Credit Portfolio
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Mubadala Investment Co. deployed 119 billion dirhams ($32 billion) last year, as the world’s most active sovereign wealth fund deepened its push into sectors such as private credit and artificial intelligence.
The Abu Dhabi-based investor’s assets under management grew to 1.2 trillion dirhams, up 9.1% from the previous year, according to a statement. It reported a five-year rate of return of 10.1%, roughly in line with last year’s figure.