Newsmakers
Temasek Asset Management Unit Seviora Opens Shop in Abu Dhabi
The new office is the $54 billion firm’s first foray into the Middle East.
Tag: United Arab Emirates
Newsmakers
Abu Dhabi, Vietnam SWFs Strike Deal to Seek Co-Investments
The agreement follows an October 2024 agreement between Vietnam and the United Arab Emirates to remove nearly all tariffs on each other’s exports.
Alternatives
Abu Dhabi Launches Artificial Intelligence Tech Investment Vehicle MGX
The $100 billion fund’s founding partners are sovereign wealth fund Mubadala and AI company G42.
Newsmakers
UAE Launches Dubai Investment Fund
Abdulaziz Mohammed Al Mulla has been named managing director and CEO of the fund.
UAE Plans $30B Climate Fund With Partners BlackRock, Brookfield, TPG
The Alterra fund aims to invest $250 billion by the end of the decade, focusing on ‘global climate solutions’ in emerging markets and less-developed economies.
Corporate Moves
Mark Machin Joins the Board of Singapore VC Firm Serendipity Capital
The former head of CPPIB finished up his final day at the pension fund last week.
Alternatives
Payments Startup SpotOn Gets Funding from Mubadala, Others
The firm is the latest in a series of growth sector bets the sovereign wealth fund has been making.
Asset Allocation
Mubadala Goes on a Spending Spree in 2020
The sovereign wealth fund invested $29 billion into growth sectors, including in technology, life sciences, and consumer goods.
Asset Management Culture
CPPIB Chief Mark Machin Exits Amid Vaccine Uproar
The CEO of Canada’s largest pension fund traveled to the Middle East to get a shot. The plan’s credit head, John Graham, replaces him.
Asset Management Culture
Mubadala Puts $2 Billion into Silver Lake for 25-Year Strategy
The fund has also taken a minority equity stake of less than 10% in the firm.
Asset Allocation
Abu Dhabi’s Mubadala, PE Firm Kohlberg Take Over US Pharma Firm
The Philadelphia-based PCI Pharma Services is looking to expand operations in Asia and greater Europe.
Research
Blockchain Could Save a Country Billions, Report Says
How the UAE adopts the crypto technology could give other nations a template.