Apollo Global Management to take a minority equity stake in Mubadala Capital

Apollo Global Management announced that it will acquire a minority equity position in Mubadala Capital, the alternative‑asset arm of Abu Dhabi’s sovereign wealth fund. The companies said a group of new investors, including Apollo, will together provide $5 billion to fund Mubadala Capital’s investment strategies. The transaction is slated to close in the fourth quarter of 2026, pending regulatory and legal approvals. Neither the exact size of Apollo’s stake nor the purchase price was disclosed.

The deal gives Apollo a foothold in the Middle‑East market and could broaden its investor base, but the lack of disclosed valuation means investors cannot yet assess the financial impact on Apollo’s balance sheet.

  • 1Apollo will acquire a minority equity stake in Mubadala Capital.
  • 2Apollo and other investors will together provide $5 billion to Mubadala Capital’s strategies at the initial closing.
  • 3The transaction is slated to close in the fourth quarter of 2026, pending regulatory and legal approvals.
  • 4Mubadala Capital manages over $755 billion in assets and more than $60 billion in its core alternatives business.
  • 5Apollo’s assets under management were approximately $1.05 trillion as of June 30 2026.
  • 6The size of the stake and the purchase price were not disclosed.
  • The exact percentage of Mubadala Capital owned by Apollo is not confirmed; media reports of a near‑10% stake are unverified.

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