Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), securing total commitments of $3.1bn, and surpassing its initial target of $2bn.
Investors included new and existing Limited Partners, including US pension funds, university endowments, insurance plans, sovereign wealth funds, other asset managers, and family offices across key markets in North America, Europe, the Middle East, and Asia.
The fund’s focus will be on leading middle-market companies in various sectors, including media, sports & entertainment, consumer & food services, financial services, and business services.
