Asset Management

Mubadala Capital expands private equity arm with London team

The Abu Dhabi firm recently closed on $1.63bn for its third private-equity fund, while it also plans to expand in New York

Mubadala Capital, the investment arm of Abu Dhabi-based sovereign wealth manager Mubadala Investment, is preparing to add private-equity professionals to its London office next month on the heels of closing its third fund for the strategy.

Antoun Ghanem, a director in the private-equity group who leads Mubadala Capital’s European investment practice, will move to London from Abu Dhabi, according to Adib Mattar, head of private equity.

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