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Mubadala Claims '2021 Fund of the Year' Award

  • Publish date: Thursday، 22 December 2022
Mubadala Claims '2021 Fund of the Year' Award

Mubadala Investment Company today announced claiming the '2021 Fund of the Year' award.

The Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at US $243 billion.

The title was bestowed on Mubadala "for its significant contribution to the development of Abu Dhabi and the UAE, for its leadership in pursuing global partnerships, for its unparalleled investment and divestment activity displayed throughout the year, and, in general, for its contribution to the advancement of the SWF industry", according to a statement issued by the global platform.

Ahmed Al Calily, Mubadala's Chief Strategy and Risk Officer said "2021 has also been one of our most active years. Our investments this year have involved global partnerships with BlackRock, Silver Lake, SoftBank, Bpifrance, and the UK government, to name just a few. Monetisation activities included the partial sale of Aldar, one of the largest private share purchases in a UAE-listed company, the IPO of Yahsat, our first-ever listing on ADX; and the listing of GlobalFoundries on the NASDAQ, one of the largest IPOs of 2021."

This article was previously published on UAE Moments.To see the original article, click here

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