Mubadala and Fortress Forge $1 Billion Strategic Partnership
Deal News | Apr 24, 2025 | Fortress Investment Group LLC (NYSE:FIG)

Mubadala Investment Company, a prominent global sovereign investor, and Fortress Investment Group announce a $1 billion strategic partnership to deploy capital across private credit, asset-based lending, and real estate strategies. The partnership marks a significant collaboration, strengthening Mubadala's relationship with Fortress. This joint venture entails Mubadala leveraging its substantial stakeholding in Fortress to explore new co-investment avenues. As part of this strategic move, the partnership aims to provide tailored investment solutions while expanding access to capital on a broader scale. Mubadala has been focusing on enhancing its global asset management footprint through strategic partnerships and acquisitions, evident in its substantial equity ownership in Fortress. The relationship is set upon a shared vision of accelerating growth in credit markets that promise attractive returns. Fortress's extensive experience spanning two decades in private capital management complements Mubadala's expertise, facilitating innovative financing solutions and reinforcing both entities’ positions in the global investment landscape. This collaboration epitomizes Mubadala's strategic approach to foster long-term relationships with leading general partners while promoting its growth strategy globally.
Sectors
- Private Credit
- Asset-Based Lending
- Real Estate
Geography
- United States – Fortress Investment Group is headquartered in New York, and the partnership activities are heavily linked to operations within the U.S. financial markets.
- United Arab Emirates – Mubadala Investment Company, headquartered in Abu Dhabi, is a major player in this partnership, embedding UAE’s interests in the global financial strategies outlined.
Industry
- Private Credit – The article emphasizes a $1 billion strategic investment in private credit initiatives, highlighting the importance of this sector in Mubadala and Fortress's growth strategy.
- Asset-Based Lending – The partnership invests significantly in asset-based lending strategies, suggesting an emphasis on leveraging asset-backed securities as a part of their investment approach.
- Real Estate – Both Mubadala and Fortress aim to invest in real estate strategies, making it a crucial sector within this strategic partnership.
Financials
- $1 billion – The value of the strategic partnership between Mubadala and Fortress aimed at deploying capital in private credit and real estate strategies.
- $302 billion – The size of Mubadala Investment Company's portfolio, indicating its authoritative position in the global investment landscape.
- $50 billion – The assets under management by Fortress as of December 2024, showcasing its significant footprint in global investment markets.
Participants
Name | Role | Type | Description |
---|---|---|---|
Fortress Investment Group LLC | Investment Manager | Company | A leading, highly diversified global investment manager based in the USA, managing $50 billion of assets as of December 2024. |
Mubadala Investment Company | Sovereign Investor | Company | A global sovereign investor managing a $302bn portfolio, based in the UAE, focusing on long-term growth and diversified investments. |
Mubadala Capital | Asset Management Subsidiary | Company | The alternative asset management subsidiary of Mubadala Investment Company, managing over $30 billion of assets. |
Omar Eraiqaat | Deputy CEO of Credit and Special Situations | Person | Omar Eraiqaat provides strategic insights into the partnership from Mubadala’s perspective. |
Fabrizio Bocciardi | Head of Credit Investments at Mubadala | Person | He emphasized the strategic benefits and growth potential of the partnership. |
Drew McKnight | Co-CEO of Fortress | Person | Outlined the value proposition of the partnership for Fortress’s growth strategies. |
Josh Pack | Co-CEO of Fortress | Person | Highlighted the operational scale the partnership would bring to Fortress. |
Fortress management | Equity Holders | Group | They hold a 32% equity interest in Fortress, maintaining autonomy over investment processes. |
Consortium led by Mubadala Capital | Majority Shareholder | Group | Holds 68% equity in Fortress, guiding strategic decisions in alignment with Mubadala’s initiatives. |