Mubadala is looking to increase its exposure to Asia and is eyeing investment opportunities in technology and life science
June 22, 2020 (United Arab Emirates) The Economic Times has reported that Abu Dhabi’s Sovereign Wealth Fund, Mubadala, is eyeing investment opportunities in Asia, focusing on medical technology, agricultural technology, artificial intelligence, and life sciences. The article notes that Mubadala’s portfolio currently holds a 9% exposure to Asia, which the sovereign wealth fund will expand with new investments. Read the…
Mubadala is determined to increase investments into technology across the US and Asia
June 22, 2020 According to the article published by Arabian Business, Abu Dhabi’s Sovereign Wealth Fund Mubadala is substantially increasing its technology investments following its $1.2 billion investment in India based tech company, Jio. The article further noted that the Mubadala had significant cash reserves on its balance sheet earmarked for investments into stocks and other equity investments in the…
Mubadala invests $1.2 billion in India’s leading digital services platform Jio
June 5, 2020 (United Arab Emirates) Bloomberg has reported that Abu Dhabi based Sovereign Wealth Fund Mubadala will acquire a 2.33% stake in Jio, India’s leading digital services platform, for an estimated $1.2 billion. Mubadala established its Ventures arm in 2017 to partner with visionary founders in support of innovative businesses. Mubadala’s Ventures manages a number of venture funds focused…
Dubai-based family office invests $4 million in India based tech startup iNurture
June 4, 2020 (United Arab Emirates) Wamda has reported that Kimara, Dubai based family office, invested $4 million in tech startup iNurture Education Solutions, a provider of formal higher education programs in India. Kimera was founded in 2017 and invests in public equity, private equity, venture capital, fixed income, and real estate worldwide. Read the original article on Wamda: Dubai…
GCC’s top SWFs rank in global top 10
May 31, 2020 (United Arab Emirates) According to an article published by Mubasher, the GCC is well-represented amongst the world's largest sovereign wealth funds, with funds from Saudi Arabia, Kuwait, Qatar, and the United Arab Emirates all ranking within the top ten in a recent Sovereign Wealth Fund Institute (SWFI) report. 3rd place: Abu Dhabi Investment Authority (ADIA) with total…