October 15, 2024 Saudi Arabia's Public Investment Fund (PIF) has increased its investment plan for green projects to over $19.4 billion (Dh71.2 billion), encompassing 91 eligible initiatives in renewable energy and clean transportation, among other areas. In its second 'Allocation…
October 04, 2024 Abu Dhabu’s Mubadala Capital has agreed to acquire a controlling stake in Babel, a Madrid-based IT and digital transformation services provider. The acquisition, which is subject to regulatory approval, further expands Mubadala’s presence in the business services…
September 18, 2024 Abu Dhabi Investment Authority (ADIA) has made a capital commitment to Polus Capital Management, a London-based credit investor The funding from a wholly-owned subsidiary of the sovereign wealth fund is for Polus’ Special Situations strategy, which invests…
September 12, 2024 The Abu Dhabi Investment Authority (ADIA) has sold a 50% stake in the UK-based Policy Expert, an insurance solutions provider, to private equity firm Cinven’s Strategic Financials Fund as part of a “broader growth strategy” for the…
August 21, 2024 Abu Dhabi state investor Mubadala has invested in London-based data centre developer Yondr Group, the fund’s latest foray into a sector that is expected to benefit from booming demand for cloud services and artificial intelligence technology (AI).…
April 4, 2024 Alternative investor Investcorp Capital plc has agreed to invest in the $4.2 billion redevelopment of New York’s JFK International Airport’s Terminal 6. The investment will be made through Investcorp Group’s newly formed partnership with Corsair Capital –…
January 24, 2024 European founders looking for fresh capital often chase deep-pocketed U.S. investors — but recent years have seen them increasingly turning their attention to the other side of the globe. Gulf countries, which have plenty of capital lying…
March 28, 2024 Mubadala Investment Company has invested in India’s financial services sector for the first time when it invested in Avanse Financial Services, an education-focused non-banking financial company (NBFC) in the country. This is part of a plan for…
April 03, 2024 The Abu Dhabi Investment Authority (ADIA) has completed the acquisition of a 40% stake in DigitalBridge subsidiary Landmark Dividend. The deal was first announced in November last year and completed this week alongside DigitalBridge-sponsored vehicles. Read the…
March 20, 2024 Saudi Arabia’s PIF ranks 2nd among GCC sovereign wealth funds with $925 billion (AED 3.3 trillion) in assets. After a 55% increase in assets under management, the PIF has surged in global ranking of sovereign wealth organisations.…