AlpInvest and Mubadala Forge New Financing Partnership
Deal News | Dec 11, 2024 | The Carlyle Group
AlpInvest Partners, under the Carlyle Group, and Mubadala Investment Company have established a new credit co-investment partnership focused on providing portfolio senior fund financing to private equity funds across the globe. This strategic alliance seeks to address the increasing demand for liquidity and capital solutions in the private markets. The partnership represents a key advancement for AlpInvest, which has led approximately $4 billion in portfolio fund financing since 2018, affirming its leadership in the sector. Meanwhile, it expands Mubadala's credit investment strategy into the private debt segment. Through this collaboration, both entities aim to deliver transformative financing, create long-term value optimization, and meet the evolving needs of private equity managers and their limited partners.
Sectors
- Private Equity
- Financial Services
- Investment Management
Geography
- United States – AlpInvest is based in New York, making the United States a primary geography for this partnership.
- United Arab Emirates – Mubadala Investment Company is headquartered in Abu Dhabi, representing the UAE's involvement in the partnership.
Industry
- Private Equity – The article discusses a partnership focused on financing solutions within the private equity sector.
- Financial Services – This industry classification covers the credit investment and financing strategies employed by AlpInvest and Mubadala.
- Investment Management – AlpInvest and Mubadala are managing investments and portfolios as sovereign and global investors.
Financials
- $4 billion – The amount of portfolio fund financing transactions spearheaded by AlpInvest since 2018.
- $80+ billion – Assets under management by AlpInvest as of June 30, 2024.
- $302 billion – The global portfolio size managed by Mubadala Investment Company.
Participants
Name | Role | Type | Description |
---|---|---|---|
AlpInvest Partners | Target Company | Company | A global private equity investor and subsidiary of Carlyle, involved in portfolio fund financing. |
Mubadala Investment Company | Partner Company | Company | A sovereign investor managing a global portfolio, collaborating with AlpInvest in the new partnership. |
The Carlyle Group | Parent Company | Company | A global investment firm under which AlpInvest operates as a subsidiary. |
Government of Abu Dhabi | Owner of Mubadala | Government | Mubadala operates as a sovereign investor for the Government of Abu Dhabi. |
Fabrizio Bocciardi | Head of Credit Investments | Person | Fabrizio Bocciardi is involved in overseeing Mubadala's credit investments. |
Michael Hacker | Global Head of Portfolio Finance | Person | Michael Hacker manages portfolio finance strategies at AlpInvest Partners. |