Mubadala Capital’s primary objective is to develop an Abu Dhabi-based research, alternative asset, and investment management platform.
Investing throughout the capital structure in a diversified portfolio of global public and private securities, Mubadala Capital uses a value oriented investment approach with a primary focus on the creation of long-term value and a bias toward capital preservation.
Mubadala Capital’s responsibilities include the management of Mubadala’s existing non-UAE financial investment portfolio, including public market investments in AMD and GE and private investments in the Carlyle Group and Related. Mubadala Capital also manages Mubadala’s existing fund commitments and activities.
During 2010, Mubadala Capital’s primary transaction activities included an additional US$500 million investment in the Carlyle general partnership in exchange for a combination of additional equity and convertible subordinated notes; an investment of US$100 million in funds managed by Verno Capital, a capital markets fund manager in Russia and the Commonwealth of Independent States (CIS); and the purchase of an additional 2.89 million shares in GE, which took Mubadala’s total shareholding to 76.9 million (approximately 0.72 percent).