TWG Global, a holding company with interests across financial services, insurance, artificial intelligence (AI) and technology, sports/media/entertainment, and energy, has entered into a multibillion-dollar investment alliance with Mubadala Capital, the asset management subsidiary of Mubadala Investment Co.
This multifaceted collaboration will enable each organization to enhance investments across multiple sectors and asset classes to drive long-term value creation.
As part of TWG’s $15 billion equity raise, Mubadala Capital will anchor and lead a $10 billion syndicated investment in TWG Global. Proceeds from the TWG raise will be used by TWG to capitalize on attractive proprietary investment opportunities. TWG will commit $2.5 billion to Mubadala Capital products and acquire a strategic minority stake in the asset manager, with an aim to increase commitments from itself and its partners and clients of up to another $20 billion of investment capital over time.
