Mubadala makes 10-year, €1 billion commitment to French investment fund

(Abu Dhabi)

The National has reported that Mubadala Investment Company (Mubadala), Abu Dhabi’s strategic investment arm has taken a 10% stake in the €10 billion French investment fund, LAC I.  LAC I will be managed by the country’s national bank, Bpifrance, which intends to invest the funds approximately 15 of France’s leading listed corporations over the next decade.

Read the original article on The National: Mubadala to invest €1bn in French investment fund, French finance minister says