ABU DHABI: Mubadala Capital has achieved a significant milestone in the realm of private equity by successfully closing its fourth fund, MIC Capital Partners IV (Fund IV), with total commitments reaching an impressive $3.1 billion.
The figure not only surpasses the initial target of $2 billion but also underscores the strong market confidence in Mubadala Capital’s investment strategies and capabilities.
As a wholly owned subsidiary of Mubadala Investment Co., the financing vehicle for the Abu Dhabi government, Mubadala Capital manages a diversified portfolio exceeding $24 billion in assets, reflecting its established prominence in alternative asset management.
Fund IV is strategically positioned to target middle-market companies across various sectors, showing a commitment to identifying and nurturing growth opportunities in a dynamic economic landscape. The fund’s backing by a diverse array of investors—including US pension funds, university endowments, insurance plans, sovereign wealth funds, and family offices—demonstrates a broad trust in Mubadala Capital’s governance and vision for long-term value creation.
Among the notable investments within Fund IV are prominent firms like Fortress Investment Group, a global asset manager that reflects the fund’s commitment to investing in high-potential assets. Additionally, Canada Cartage, a Canadian logistics provider specialising in short-haul transport, exemplifies the fund’s aim to engage with companies in sectors poised for scalable growth.
