Mubadala Capital, an Abu Dhabi, UAE-based alternative asset management subsidiary of Mubadala Investment Company, closed its fourth private equity fund, MIC Capital Partners IV (“Fund IV”), securing total commitments of $3.1 Billion.
Fund IV received commitments from both new and existing Limited Partners, including leading U.S. pension funds, university endowments, insurance plans, sovereign wealth funds, other asset managers and family offices across key markets in North America, Europe, the Middle East and Asia.
Fund IV will focus on middle-market companies in various sectors, including media, sports & entertainment, consumer and food services, financial services and business services. Its portfolio includes companies such as Fortress Investment Group, a global asset manager focused on credit and real estate, as well as Canada Cartage, short-haul logistics provider in Canada. Recent investments included the acquisition of Bugaboo, a household name in the juvenile products space, as well as Thrive Foods, the global leader by capacity in the fast-growing freeze-dried food sector.
The firm has a team of over 200 spanning 5 offices, including in Abu Dhabi, New York, London, San Francisco, and Rio De Janeiro.
FinSMEs
22/10/2024