Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Home

Marketplace
Database
News
Store
Resources
Contact Us

 

 

News


VENTURE CAPITAL DIRECTORY | PRIVATE EQUITY DIRECTORY

List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory

2021 EDITION SPECIAL OFFER
Buy Now for only $119.95 plus a FREE 2022 update in January 2022

Learn More or Buy Now

VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide. The most reliable, up-to-date and affordable venture capital directory of its kind. VCPro Database is available in both Windows and macOS versions. It has been published since 1998. (Updated JULY 2021)

Learn More or Buy Now




Mubadala Capital Closes Private Equity Fund III with Total Commitments of $1.6 billion

Fund III surpassed its $1.5 billion target, raising capital from institutional investors globally

ABU DHABI, United Arab Emirates, August 17, 2021-- Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, has closed its third Private Equity fund, MIC Capital Partners III ("Fund III"), with total commitments of $1.6 billion. Fund III surpassed its initial target and raised capital commitments from a diverse set of new and existing investors including leading pension plans, endowments, insurance plans, government institutions, family offices and private equity firms across North America, Europe, the Middle East and Asia.

Adib Mattar, Head of Private Equity at Mubadala Capital, said: "We began our Private Equity investment practice 13 years ago. The closing of Fund III represents a major milestone for the Private Equity team and also for Mubadala Capital. To have the opportunity to partner with a group of leading institutional investors from across the world is both a privilege for us and a meaningful vote of confidence by the market in our ability to originate compelling new investment opportunities, partner with leading management teams and create value across our portfolio in order to continue delivering strong risk-adjusted returns to our investors."

Mubadala Capital's Fund III is focused on direct investments in North America and Europe across the following core sector areas where the team has a strong network and track record including: i) Media, sports and entertainment; ii) Consumer and food services; iii) Financial services; and iv) Industrials and business services. To date, Fund III consists of approximately $1.4 billion of investments across nine high-quality assets including REEF Technology, a proximity-as-a-service platform enabling and accelerating the growth of the North American on-demand economy; YES Network, the leading Regional Sports Network in the New York and Tri-State area; and Peterson Farms, the leading processor of fresh-cut apples, quick-frozen fruit products and not-from concentrate juice in the United States, among others.

"The success of our Private Equity business demonstrates the strength of Mubadala Capital and its strategy of generating attractive risk-adjusted returns by combining the benefits of our sovereign ownership whether through i) sourcing opportunities; ii) the ability to leverage resources during diligence; or iii) value creation as an owner, with a highly focused investment strategy and a well-aligned and motivated team." Mattar added. "These efforts are supported by a disciplined and robust investment process focused on capital preservation and downside protection."

Mubadala Capital opened offices in New York and London in order to better capitalize on investment opportunities and portfolio management in its key markets as well as engage more meaningfully with its global investor base.

Mubadala Capital is a differentiated and value-added investor that is able to source proprietary opportunities on a global basis and actively leverage the Mubadala network in its various business activities. Its highly disciplined and institutionalized process of evaluating investment opportunities provides unique advantages to the benefit of its investors.

Mubadala Capital manages c. $9 billion of assets in third-party managed funds across its private equity, public equities, venture capital and Brazil businesses, and is the first sovereign wealth fund to manage third-party capital on behalf of other institutional investors. The growth of Mubadala Capital as a global asset management firm with headquarters in Abu Dhabi and a focus on international investment activities is a further testament to Mubadala's entrepreneurial approach to business building and a continued diversification away from a reliance on natural resources.

About Mubadala Capital

Mubadala Capital is the asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi. In addition to managing its own balance sheet investments, Mubadala Capital manages c. $9 billion in third-party capital vehicles on behalf of institutional investors in four of its businesses, including three private equity funds, two early stage venture funds, a public fund and a fund in Brazil focused on special situations.

Contact:
For media inquiries, please contact:
Salam Kitmitto
sakitmitto@mubadala.ae
+971 50 276 9286


News Index

Venture Capital Database 

 

 NEWS

Latest VC News
VC News Archive
News Search
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Business Plan Tools

Free Business Plan Template

 

Copyright 1998-2021 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer