Apollo takes minority stake in Abu Dhabi’s Mubadala Capital

Mubadala Capital announced on Monday that Apollo has invested a minority equity stake in the company to support its growth. Apollo will commit capital to Mubadala Capital's various investment strategies, along with other strategic investors, as minority shareholders. Silver Rock Financial is also an equity holder in Mubadala Capital.

The company's majority shareholder remains Mubadala Investment Company. After the new equity shareholders join, Mubadala Capital will continue to operate independently, maintaining its governance structure and allowing its management team to retain full authority over investment decisions and operations. Hani Barhoush, the CEO of Mubadala Capital, stated that Apollo's confidence in the company reflects the strength of the platform and its trajectory.

John Zito, co-president of Apollo Asset Management, added that this investment builds on their existing partnership and demonstrates their conviction in Mubadala Capital's business. The transaction, subject to regulatory and legal approvals, is expected to close in the fourth quarter of 2026.