Mubadala Capital has unveiled a new investment business targeted towards family offices and institutions, featuring strategic partner Apollo Global Management. The Abu Dhabi-based asset manager will allocate $2.7 billion from its balance sheet to seed the first strategy within its Mubadala Capital Solutions unit.
![Waleed Al Muhairi, Mubadala’s deputy group chief executive, and Marc Rowan, Apollo chief executive. PHOTO: Apollo](https://krugmaninsights.com/wp-content/uploads/2023/09/2X7OCIAKDFHOVP2LH3LPMOIKIY-1024x543-1.webp)