– Mubadala Capital’s MIC Capital Partners IV closed with $3.1 billion in commitments, surpassing its initial target of $2 billion.

– Investors included US pension funds, sovereign wealth funds, university endowments, and asset managers, showcasing broad global interest in the fund.

– Fund IV’s portfolio includes major companies like Fortress Investment Group and Canada Cartage, aligning with its focus on middle-market companies across various sectors.

Mubadala Capital has successfully closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), securing $3.1 billion in total commitments, significantly surpassing its original target of $2 billion. This new development highlights the firm’s strong position in the global investment market.

As a wholly owned subsidiary of Mubadala Investment Company, one of the Abu Dhabi government’s main investment arms, Mubadala Capital manages over $24 billion in assets. Fund IV will primarily target middle-market companies across various sectors, continuing Mubadala’s strategy of pursuing diverse investment opportunities globally.

Global Investor Interest

The fund attracted commitments from a broad range of investors, including US pension funds, university endowments, insurance plans, sovereign wealth funds, asset managers, and family offices from around the world.

Portfolio and Focus

Fund IV’s current portfolio includes major companies like Fortress Investment Group, a global asset manager, and Canada Cartage, a Canadian short-haul logistics provider. These investments reflect Mubadala Capital’s focus on building a diverse portfolio within its middle-market company strategy.

Last May, Abu Dhabi’s sovereign investor, Mubadala Capital, and New York-based Fortress Investment Group have completed the acquisition of a 90.01% stake in Fortress, previously owned by SoftBank Group.

Mubadala Capital has a history of making strategic investments across private equity, public markets, venture capital, and real estate. With a focus on long-term value creation, Mubadala Capital has been increasingly directing capital towards high-growth opportunities globally.

This latest acquisition of Fortress aligns with Mubadala’s broader strategy of leveraging institutional partnerships and expanding its investments in the U.S. and other key markets. Mubadala’s MIC Capital Partners funds are also positioned to further deploy capital into middle-market companies across sectors such as infrastructure, technology, and logistics, contributing to global growth while ensuring robust returns for its investors.