January 10, 2021
According to an article published by Gulf Business, Abu Dhabi-based Mubadala is overhauling its structure and deploying capital with the expectation of doubling in size to nearly half a trillion dollars by 2030, a seven percent annual growth rate according to Global SWF.
The article went on to note that alongside continued investment in clean technologies and renewables, Mubadala will focus on investments in technology, infrastructure, life sciences and other “future-oriented asset classes”. If successful with its mission, Mubadala will join the top ranks of the world’s sovereign wealth funds.
Read the original article on Gulf Business: Abu Dhabi’s $232Bn Mubadala wants to take crack at top 10