17 Dec 2010
(MENAFN) Khaldoon Al Mubarak, Chief Executive Officer at Mubadala Development Company, Abu Dhabi’s state-backed investment fund, announced that it has invested $500 million, in addition to a previous purchase of 7.5 percent stake in 2007, in US asset management firm the Carlyle Group, Arabian Business.
According to Al Mubarak, in exchange for its $500m investment, Mubadala will receive a combination of convertible subordinated notes and additional equity in the Carlyle general partnership.
Abu Dhabi-based Mubadala’s collaboration with the Carlyle Group, which currently has $97.7bn of assets under management, aims to identify investment opportunities in the Middle East and North Africa, specifically in the healthcare, aerospace and technology sectors, said Al Mubarak.
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more