Mubadala Investment Company is a sovereign wealth fund based in Abu Dhabi, United Arab Emirates (UAE). Established in 2002 and wholly owned by the Government of Abu Dhabi, Mubadala's primary purpose is to invest in and manage a diversified portfolio of assets to generate sustainable financial returns for the government while supporting the economic diversification of the Emirate.
In 2017, Mubadala merged with the International Petroleum Investment Company (IPIC), another Abu Dhabi-based investment fund, to create a larger, more diversified entity with a broader range of assets and sectors. The combined company operates in various industries, including aerospace, information and communications technology, semiconductors, metals and mining, renewable energy, utilities, healthcare, real estate, and financial services.
Mubadala's investment strategy is focused on creating long-term value through direct investments, joint ventures, and strategic partnerships with leading companies around the world. The fund has a global presence and seeks to capitalize on opportunities in high-growth markets and sectors, as well as to leverage its relationships and expertise to create synergies among its portfolio companies.
Key investments in Mubadala's portfolio include GlobalFoundries, a leading semiconductor manufacturer; the Carlyle Group, a global investment firm; and several prominent real estate projects, such as the Rosewood Abu Dhabi Hotel and the Cleveland Clinic Abu Dhabi. Mubadala also owns stakes in major UAE companies, including Emirates Global Aluminium, Abu Dhabi National Oil Company (ADNOC), and Etihad Airways.
Mubadala is governed by a Board of Directors, which is responsible for setting the strategic direction, approving major investments, and monitoring the company's performance. The day-to-day operations are managed by a professional team of investment managers and experts led by the Chief Executive Officer. The organization is committed to adhering to the highest standards of corporate governance, risk management, and transparency in its investment activities.