Name to Know · Senior Partner and President & CIO, Credit and Solutions · Mubadala Capital
Omar Eraiqat
Omar Eraiqat occupies one of the more consequential seats in Gulf alternative asset management. Since July 2026 he has led the roughly US$25 billion credit franchise that Mubadala Investment Company folded into its asset-management arm, Mubadala Capital, and opened to outside investors for the first time. As Senior Partner and President & Chief Investment Officer, Credit and Solutions, Eraiqat oversees the credit business globally alongside a diversified Solutions platform that spans evergreen funds, co-investments, separately managed accounts and strategic partnerships. He sits on both the Investment Committee and the Executive Committee of the firm.
The mandate is, in his telling, a homecoming. "The Credit business was incubated and built inside Mubadala Capital," Eraiqat said on completion of the transfer. "This transfer, in many ways, brings it back to where it all began." The platform he now stewards invests alongside 14 origination partners across direct lending, real-estate and infrastructure debt, secondaries and NAV financing, technology private credit and Asia private credit — a book Mubadala has been building since it first moved into private debt in 2009. The 2026 integration brought more than 25 investment professionals across, an additional US$4.65 billion of Mubadala capital, and a reconstituted board chaired by Mubadala's Group CEO, His Excellency Khaldoon Khalifa Al Mubarak. Eraiqat leads the franchise in partnership with Fabrizio Bocciardi, who joined as Senior Partner and Head of Credit.
His authority over the strategy is not merely titular. He continues to serve as Deputy Platform CEO of the Credit and Special Situations platform at Mubadala Investment Company, where he spearheaded the creation of those units' strategies and scaled them to their performance targets — the very businesses now being commercialised through Mubadala Capital. It is a career built almost entirely inside the Abu Dhabi sovereign investor: he joined Mubadala in 2007 and has since held a series of senior roles, including as a senior member of the Specialty Finance unit that ran Mubadala's US$6 billion joint venture with GE Capital, a vehicle that co-invested globally across the credit spectrum. That assignment placed him at the centre of Mubadala's institutional credit apprenticeship well before private debt became the asset class of the moment.
Before Mubadala, Eraiqat held positions at HSBC and at the Abu Dhabi Investment Company, giving him grounding in both international banking and the Emirate's own investment establishment. He holds a Bachelor's degree in Finance and Marketing from the American University of Sharjah. Based in Abu Dhabi, he also sits on the board of Mubadala Energy and serves on the Investment Committee of the Credit and Special Situations platform as well as Mubadala's Investment and Business Planning Committee.
Taken together, the roles position him as a bridge between a sovereign balance sheet and a fast-scaling third-party asset manager — the executive charged with translating nearly two decades of in-house credit discipline into a franchise that global institutions, insurers and private-wealth clients can now buy into. The question the market will watch: whether a sovereign fund's captive credit book can compete for third-party LP capital against Ares, Apollo and Blackstone. Every private-credit allocator and every GP raising in the region will be across the table from him within the year.
Sources: Mubadala Capital leadership disclosures; Mubadala Capital press release on the completion of the credit-business integration, 6 July 2026. UAO profiles cover public, professional roles only.