<article>State-owned Mubadala Investment Company said it has launched a new $1 billion fund, Abu Dhabi Catalyst Partners, to explore opportunities within the United Arab Emirates and abroad.</article>

State-owned Mubadala Investment Company said it has launched a new $1 billion fund, Abu Dhabi Catalyst Partners, to explore opportunities within the United Arab Emirates and abroad.
The new fund will be based in Abu Dhabi Global Market (ADGM), the financial centre of Abu Dhabi, and will make use of Mubadala&#8216;s networks to originate investment opportunities in the region, Mubadala said in a statement.
&#8220;The new fund will target opportunities across asset management, speciality finance and financial infrastructure, with investees expected to have a presence in ADGM,&#8221; it said.
Mubadala manages more than $225 billion in assets and has committed $15 billion to the $100 billion SoftBank Vision Fund. It has equity stakes in companies including General Electric and private equity firm Carlyle Group.
Set up in 2015, ADGM is Abu Dhabi&#8217;s financial free zone, home to banks, investment funds, asset managers and tech companies.
Reuters

State-owned Mubadala Investment Company launched new $1 billion fund, Abu Dhabi Catalyst Partners, to explore opportunities within the United Arab Emirates and abroad.

Mubadala launches $1b Abu Dhabi-based investment fund

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Mubadala launches $1b Abu Dhabi-based investment fund

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