Mubadala wins 'Fund of the Year'

Mubadala Investment Company has been named 2021 Fund of the Year for its significant contribution to Abu Dhabi and the UAE.

Global SWF, a Data Platform that tracks all the world's Sovereign Wealth and Public Pension Funds, also highlighted its pursuit of global partnerships and its unparalleled investment and divestment activity.

Mubadala's Chief Strategy and Risk Officer, Ahmed Al Calily, said 2021 was one of the most active years in the company's history, after seeing the establishment of several global partnerships and announcement of a number of IPOs.

Al Calily said, "Mubadala has set the ambitious goal of doubling our portfolio while maintaining sustainable financial returns, supporting Abu Dhabi’s diversification and positively impacting the communities where we invest.

"Our investments this year have involved global partnerships with BlackRock, Silver Lake, SoftBank, Bpifrance, and the UK government, to name just a few. Monetisation activities included the partial sale of Aldar, one of the largest private share purchases in a UAE-listed company, the IPO of Yahsat, our first-ever listing on ADX; and the listing of GlobalFoundries on the NASDAQ, one of the largest IPOs of 2021."

Mubadala claims '2021 Fund of the Year' award.#WamNews https://t.co/WdKhwNlgNM pic.twitter.com/pD9HNuR66L

— WAM English (@WAMNEWS_ENG) January 4, 2022