Mubadala and Fortress Embark on $1 Billion Private Credit Partnership
Deal News | Apr 24, 2025 | Zawya
Abu Dhabi's sovereign investment arm Mubadala, through its subsidiary Mubadala Capital, has forged a $1 billion partnership with Fortress Investment Group, a U.S. investment management firm. This strategic partnership aims to deploy substantial capital into private credit, asset-based lending, and real estate investments, leveraging Fortress's existing strategies and pools of capital. The collaboration will also introduce new business lines focusing on strategic partnerships and acquisitions. Since May 2024, Mubadala Capital-led consortium has held a 68% equity ownership in Fortress, entitling them to a majority stake and board control. Fortress oversees $49 billion in management assets with investments exceeding $200 billion as of December 2024.
Sectors
- Private Equity
- Real Estate
- Asset Management
Geography
- United Arab Emirates – Mubadala is based in Abu Dhabi, therefore, significant geographic relevance concerning the sovereign investment operations detailed in the article.
- United States – Fortress Investment Group, being a U.S. firm, establishes a direct geographic connection to the activities and investments mentioned in the article.
Industry
- Private Equity – The article revolves around investment allocations and strategic partnerships between Mubadala, a sovereign investment firm, and Fortress Investment Group, an asset manager, indicating activity in the private equity sector.
- Real Estate – The deployment of funds into real estate strategies highlights the involvement of the real estate sector, secured through this substantial private investment commitment.
- Asset Management – With Fortress managing $49 billion in assets, it emphasizes their role in asset management, underlined by substantial investments and strategy execution.
Financials
- $1 billion – The total capital allocated by Mubadala for this partnership targeting private credit, asset-based lending, and real estate.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mubadala | Investor | Company | An Abu Dhabi-based sovereign wealth fund involved in the strategic partnership with Fortress. |
| Fortress Investment Group | Investment Manager | Company | A U.S. investment management firm engaging in a $1 billion partnership with Mubadala. |