US-based Apollo confirms that it is acquiring a minority stake in Mubadala Capital, the asset management arm of Mubadala Investment Company.
The transaction is expected to close during the fourth quarter of 2026, subject to the necessary approvals.
Additional strategic investors will join as minority shareholders and, together with Apollo, are expected to invest a total of 5 billion dollars in Mubadala Capital’s investment strategies.
According to previous media reports, Apollo’s new ownership stake amounts to nearly 10 percent.