Mubadala Capital Plans Global Expansion With Strategic Apollo Investment

Mubadala Capital has announced a planned strategic investment from Apollo to support the growth of its business and its expansion globally.

The alternative asset management platform is part of Mubadala Investment Company. The prospective investment would bring Apollo, which is listed on the New York Stock Exchange, into a strategic partnership with the platform.

The announcement places business growth and international expansion at the centre of the planned partnership, as Mubadala Capital seeks to broaden its global reach.

No investment value, ownership stake or completion timetable was provided in the announcement. The investment remains prospective, rather than a completed transaction.