Mubadala Investment, Ares Management, and Aldar Properties have announced a collaboration to establish a $1 billion private credit fund for real estate investments across the UK and Europe.
![The Ares Office, where the European Real Estate Debt team at the forefront of $1bn private credit fund. PHOTO: Shutterstock/Ares](https://krugmaninsights.com/wp-content/uploads/2023/12/166fa6fa7b3541010d721420b4bc2762-2-980x622-1.webp)
The new platform will see Mubadala hold a 50% stake, Aldar with a 30% holding, and Ares with the remaining 20%. Additionally, Ares will provide an investment team responsible for managing deal origination and monitoring the portfolio.
Omar Eraiqaat, Deputy CEO of Disruptive Investments at Mubadala, highlighted the strategic