Mubadala to Invest $1 Billion in Fortress Strategies

Mubadala to Invest $1 Billion in Fortress Strategies

Mubadala Investment Company, an Abu Dhabi sovereign wealth fund, agreed to invest $1 billion in private credit and other strategies managed by Fortress Investment Group, the investors said on Thursday.

Mubadala and Fortress forge $1bn private credit partnership

Abu Dhabi’s Mubadala Investment Company has formed a $1bn strategic alliance with Fortress Investment Group, targeting opportunities across private credit, asset-based finance, and real estate lending, according to a report by Reuters citing a joint statement released on Thursday. The agreement deepens Mubadala’s exposure to the fast-growing private credit market, which continues to gain traction amid tightening regulatory constraints on traditi…

Abu Dhabi's institutional investor and the US alternative manager will also invest in real estate.

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Abu Dhabi's Mubadala and Fortress form $1bn private credit partnership From Reuters: Abu Dhabi's Mubadala Investment Company has entered into a $1-billion strategic partnership with New York-based Fortress Investment Group to invest in private credit, the companies said on Thursday. Private cre... Article link

Mubadala and Fortress form $1bn private credit partnership

Abu Dhabi’s Mubadala Investment Company has entered into a $1 billion strategic partnership with New York-based Fortress Investment Group to invest in private credit, the companies said on Thursday. Private credit has expanded in recent years, attracting investments from some of the world’s largest asset managers, as stricter regulations make it more expensive for traditional lenders to finance riskier loans. The new partnership will see the $33…