Apollo to Take Stake in Mubadala Capital -- WSJ
Dow Jones2026/10/26 12:56By Mark Maurer
Apollo Global Management said it will acquire a stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi's sovereign-wealth fund, Mubadala Investment Company.
Apollo and additional strategic investors would together commit $5 billion to Mubadala Capital as part of the deal, the private-capital giant and Mubadala said. The investment would represent a nearly 10% stake in Mubadala Capital, a person familiar with the matter said.
Mubadala said Apollo's investment will help the firm expand its investor base and pursue new opportunities globally.
CNBC earlier reported that a deal was close.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 26, 2026 08:56 ET (12:56 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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