Apollo takes minority stake in Abu Dhabi’s Mubadala Capital

Mubadala Capital, a private equity firm, announced on Monday that it has secured a minority equity investment from Apollo, a prestigious financial institution. Apollo's involvement will provide capital support for the firm's forthcoming growth phase, according to a press release. Additional strategic investors are also expected to join as minority shareholders, committing a collective $5 billion to Mubadala Capital's investment strategies. Silver Rock Financial has already established itself as an equity holder in the company.

Mubadala Investment Company maintains its position as the majority shareholder, ensuring the firm's continued independence and maintaining its unique governance structure. The existing management team will retain full authority over investment decisions and operations, as stated in the release. Hani Barhoush, the CEO of Mubadala Capital, expressed enthusiasm about the partnership, highlighting Apollo's reputation and shared vision for the company's future.

Founded in 2011, Mubadala Capital has swiftly grown into a prominent alternative asset manager, managing over $60 billion across five investment strategies. As of late June, Apollo managed approximately $1.05 trillion in assets. This strategic move by Apollo strengthens the existing partnership and demonstrates the company's confidence in Mubadala Capital's business model.

John Zito, co-president of Apollo Asset Management, echoed Barhoush's sentiments, emphasizing the mutual commitment of both parties to each other's success and the potential for a broader global investor base. The transaction is expected to be finalized in the fourth quarter of 2026, contingent upon regulatory and legal approvals.