Mubadala and Fortress Investment Group have signed a strategic partnership focused on credit and special situations for co-investment opportunities.

The partnership seeks to deploy US$1 billion (AED 3.673 billion) from Mubadala across a range of Fortress’s existing private credit, asset-based lending and real estate strategies alongside Fortress’s existing pools of capital.

Mubadala and Barings, one of the world’s leading investment managers and subsidiary of MassMutual, launched a new US$500 million (AED 1.84 billion) global real estate debt partnership.

Mubadala will invest alongside MassMutual, with the joint venture managed by Barings. The partnership combines Barings’ extensive expertise in real estate debt with Mubadala’s global investment platform to deliver innovative credit solutions across the United States, Europe, and Asia-Pacific.

Mubadala and AXA IM Prime, a business unit of AXA Investment Managers – part of BNP Paribas Group – have entered into a strategic partnership with Hayfin to acquire a minority interest from Arctos Partners.

The partnership will leverage combined capabilities and expertise to support Hayfin’s investment strategies.

Mubadala Capital successfully closed Mubadala Capital Co Investment Fund I (MCCF) at more than US$550 million (AED 2.02 billion), exceeding its original hard cap amid strong investor demand.

As the firm’s first dedicated co-investment vehicle, MCCF validates its Solutions model and reinforces Mubadala Capital’s position as an independent, third-party asset manager backed by global LPs.

Through its partnership with Corient, Mubadala Capital advanced a targeted consolidation strategy with the acquisitions of Stonehage Fleming and Stanhope Capital Group.

The transactions expand Corient’s international footprint, bringing more than US$214 billion (AED 786 billion) in client assets under its umbrella and accelerating its scale in the global ultra-high-net-worth wealth management market.

Aldar Capital was launched as a joint venture between Aldar and Mubadala Capital to connect global investors with real asset opportunities across the GCC.

The platform positions Mubadala Capital to capture regional and global real estate opportunities while combining sovereign backing with institutional investment discipline.

Mubadala launched “Mubadala Bio” as a new national life sciences champion, significantly scaling the UAE’s biopharma capabilities through a network of 10 global facilities.

During the year, it began local manufacturing of eight essential medicines, expanding access to critical therapies, reinforcing national drug security, and catalyzing a sustainable UAE life sciences ecosystem.

Mubadala advanced Al Maryah Island’s transformation in 2025, breaking ground on a flagship waterfront upgrade while announcing, with Aldar, a more than AED 60 billion expansion of Abu Dhabi’s financial district.

Together, these initiatives enhance urban livability, strengthen infrastructure, attract investment, and reinforce the island’s position as a financial and lifestyle destination.

In 2025, Tabreed completed its AED 3.87 billion acquisition of PAL Cooling in partnership with CVC DIF, adding approximately 600,000 refrigeration tons of concession capacity.

The company also secured a landmark Palm Jebel Ali concession with Dubai Holding, further expanding long-term contracted infrastructure revenues.

Following on from its initial 2020 transaction, Mubadala’s re-investment will support the expansion of PCI’s development and manufacturing capabilities across innovative biotherapies, biologics, and specialized drug therapies to meet growing global patient demand.

Mubadala invested US$600 million (AED 2.2 billion) to acquire a stake in Nord Anglia Education, a leading global K–12 platform. The group operates 89 schools across 37 countries, serving more than 100,000 students worldwide, with a strategy focused on enhancing teaching and learning through research, technology, and professional development.

Mubadala invested in Loscam International, acquiring a 30% stake in Asia-Pacific's leading pallet pooling and returnable packaging solutions.

The investment represents Mubadala’s first position in Asia’s industrial sector, supporting the adoption of returnable packaging solutions that enhance supply chain efficiency, sustainability and operational reliability across regional markets.

Mubadala committed approximately €300 million (AED 1.29 billion) to Rezolv Energy alongside Actis, supporting the expansion of renewable power generation across Central and Eastern Europe.

With projects under construction in Romania and Bulgaria and a strong development pipeline, the platform aims to accelerate clean energy deployment and strengthen regional energy security.

Combining Mubadala’s infrastructure expertise with Ardian’s leading global infrastructure secondaries capabilities, the partnership established a scaled investment program targeting mature, multi-asset, fund portfolios managed by leading infrastructure GPs globally.

Mubadala, in joint venture with Ardian, invested US$253 million to acquire an interest in four ultra prime luxury retail properties in Paris and New York, leased to the Kering Group’s fashion house

Abu Dhabi Investment Council (ADIC) operates as Mubadala’s indirect investment arm. In 2025, ADIC deployed US$19 billion (AED 70 billion) with top-tier GPs and fund managers.