Mubadala Investment Company

Registry · Top 100 · Rank 20 · Sovereign wealth fund · United Arab Emirates (Abu Dhabi) · Last researched 6 September 2026 (America/Toronto). Corrections: info@universalassetowners.com.

• Executive brief
• Speakable summary
• Mandate & ownership
• Scale & portfolio
• Governance & leadership
• Investment philosophy
• Climate / ESG / ethics
• Performance & reporting
• Controversies & debates
• Timeline
• Annex: Business platforms
• Annex: Strategy modes (Direct / ADIC / Capital)
• Annex: Private Equity depth
• Annex: Credit & Special Situations
• Annex: Real Assets
• Annex: UAE Investments
• Annex: Responsible investing tools
• Annex: Debt issuer & transparency
• Annex: Board & Investment Committee roster
• Annex: FY2025 results narrative
• Annex: CFO AR2025 letter
• Annex: About — offices & values
• Annex: History depth
• Annex: MD AR message
• Annex: Strategy & ERM
• Annex: Resilience survey
• Annex: Deputy CEO oversight
• Annex: PE tech & healthcare
• Annex: UAE SWF comparables
• Annex: Outbound checklist
• Annex: IC biography notes
• Annex: Climate lifecycle detail
• Annex: Investors programmes
• Annex: Extended briefing notes
• Annex: Credit units & Capital
• Annex: RE & infrastructure units
• FAQ
• Sources
• Official video
• Completeness note

Executive brief

Mubadala Investment Company (Mubadala) is an Abu Dhabi–based sovereign investor wholly owned by the Government of Abu Dhabi. Official About language frames the institution as managing a diverse portfolio of assets and investments in the United Arab Emirates and abroad to generate sustainable financial returns for its shareholder, while supporting the UAE leadership’s diversification vision rooted in the legacy of the late Sheikh Zayed bin Sultan Al Nahyan. Headquartered in Abu Dhabi, Mubadala also lists offices in London, Moscow, New York and Beijing, with businesses and investments in more than 80 countries.

For researchers mapping Gulf sovereign capital, Mubadala sits beside Abu Dhabi Investment Authority (ADIA) and Dubai’s Investment Corporation of Dubai (ICD) as one of the UAE’s large, publicly communicative sovereign platforms—distinct in mandate (commercially focused diversified investor and national-champion builder) from ADIA’s classic reserve-manager framing. Prefer dated AED labels: FY2025 assets under management of AED 1.4 trillion (AED 1,414 billion; officially paired as US$385 billion), up 17% year-on-year from AED 1.2 trillion in 2024, as published in the 9 April 2026 results release, Annual Review 2025, About, and Investors overview pages.

Leadership (live-verified on mubadala.com, 6 September 2026): Managing Director & Group CEO Khaldoon Khalifa Al Mubarak; Deputy Group CEO Waleed Al Mokarrab Al Muhairi; Board Chairman Sheikh Mansour bin Zayed Al Nahyan. FY2025 activity metrics: capital deployed AED 143 billion (+20% YoY) and proceeds AED 138 billion (+27% YoY); five- and ten-year annualized returns 10.7% and 10.3% respectively. Since 2021 the firm has emphasized multi-year IRR rather than annual revenue/net income disclosure, consistent with its long-horizon sovereign mandate.

Related UAO hubs: Registry · Institutions · ADIA · ICD · UAO Top 100. Corrections: info@universalassetowners.com.

Speakable summary

Mubadala Investment Company is Abu Dhabi’s commercially focused sovereign investor, owned by the Government of Abu Dhabi and led by Managing Director and Group CEO Khaldoon Khalifa Al Mubarak with Deputy Group CEO Waleed Al Mokarrab Al Muhairi. Official FY2025 AUM is AED 1.4 trillion (US$385 billion), with five-year and ten-year annualized returns of 10.7% and 10.3%. Platforms span UAE Investments, Private Equity, Credit and Special Situations, and Real Assets. Mubadala states a net-zero commitment across portfolio and corporate emissions by 2050.

Mandate & ownership

Legal owner and political mandate chain: Mubadala is a state-owned enterprise whose sole shareholder is the Government of Abu Dhabi. The Board of Directors is responsible for strategic direction, oversight and corporate governance, ensuring the business delivers on the government of Abu Dhabi’s development and diversification priorities. Official Board language states that the Board annually reviews and approves the company’s strategic direction and business plans on behalf of the government of Abu Dhabi, and that under the Mubadala Delegation of Authority the Board delegates aspects of executive management to the Group Chief Executive Officer and Managing Director as well as to the Investment Committee.

What the mandate is (official About / Annual Review 2025): deliver sustainable financial returns—and, in strategy language, sustainable risk-adjusted returns—for the Shareholder; invest and partner at the leading edge of global growth and innovation to create opportunities for future generations; contribute to Abu Dhabi’s and the UAE’s economic diversification by building national champions, industrial and commercial clusters, and world-class partnerships; operate as a commercially focused global capital platform across multiple sectors, asset classes and geographies.

What the mandate is not: a pension fund with statutory contribution rates and a closed beneficiary class; a pure reserve manager identical to ADIA’s classical framing; or a vehicle whose public reporting mirrors listed-company quarterly earnings guidance. Official FY2025 press language is explicit that since 2021 Mubadala has not disclosed annual financial figures such as revenue and net income, instead publishing rolling multi-year IRR metrics that reflect the long-term nature of its capital deployment.

Values language on the About page lists Accountability, Inspiration, Integrity and Partnership, with a Group Code of Ethics and Business Partner Code of Conduct framed as standards for delivering against the mandate. About also states an aspiration to double the portfolio’s size in the coming decade—an official forward-looking statement researchers should treat as aspiration language, not a dated AUM forecast.

Ownership adjacency inside Abu Dhabi’s sovereign ecosystem matters for comparative work: official History text positions Mubadala, after the 2018 ADIC combination, as the clear Number 2 sovereign wealth fund in Abu Dhabi and third in the UAE—language that situates Mubadala relative to ADIA without equating their mandates or disclosure regimes. Researchers should keep institution-level AUM, returns and governance tables separate rather than consolidating Abu Dhabi vehicles into a single invented total.

Scale & portfolio

Prefer dated official AED labels. Where Mubadala publishes a US$ pairing alongside AED, cite both; do not invent independent USD conversions. The table below records figures opened for this profile from the 9 April 2026 results release, Annual Review 2025 CFO letter, About page, and Investors overview.

Homepage and About framing emphasize a commercially focused model deploying capital across promising sectors and geographies, with an entrepreneurial mindset oriented to shareholders, talent and world-class partnerships. Annual Review 2025 performance overview presents AUM as AED 1,414 billion alongside the US$385 billion pair and charts multi-year AUM history (exact intermediate year bars should be read from the live Annual Review graphics rather than reconstructed here).

Portfolio breadth is organized through four platforms described on Structure / What We Do pages: UAE Investments (national champions, clusters, partnering); Private Equity (global direct buyouts and late-stage growth); Credit and Special Situations (integrated credit and special-situations units, including Mubadala Capital); and Real Assets (real estate and infrastructure aiming for steady, visible cash flows). Researchers should not invent platform-level AUM splits unless Mubadala publishes them in a dated primary.

Selected FY2025 investment-highlight language from Annual Review 2025 (illustrative of activity, not a complete holdings list): additional capital commitment to MGX (AI / advanced technologies); significant reinvestment in PCI Pharma; acquisition of a stake in Loscam (Asia-Pacific pallet pooling / returnable packaging—described as Mubadala’s first investment in Asia’s industrial sector); partnership with Silver Lake on a take-private; Fortress strategic partnership seeking to deploy US$1 billion; Nord Anglia Education stake (US$600 million acquisition language on AR highlights); Mubadala Capital Co-Investment Fund I close (more than US$550 million); Barings Global Real Estate Debt Partnership (US$500 million debt partnership language); Tabreed transactions; Al Maryah Island transformation language; ADIC deployments language. Each highlight should be traced to the live Annual Review / press item when used for diligence.

Governance & leadership

Board Chair: Sheikh Mansour bin Zayed Al Nahyan — official titles on the Board page include UAE Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Mubadala Board. Official Board text notes that Mubadala’s Board members include some of the UAE’s most senior public and private sector officials, with two individuals serving as current members of the Abu Dhabi Executive Council.

Managing Director and Group CEO: Khaldoon Khalifa Al Mubarak. Live Board and Investment Committee pages list him as Managing Director and Group Chief Executive Officer. His official biography states he has led the company from its inception in 2002 and, through organic growth, acquisitions and mergers, overseen continuous generation of sustainable financial returns for the Government of Abu Dhabi. Stale-figure caveat: the biography page still contains legacy “$330 billion” language; for AUM, prefer the dated FY2025 AED 1.4 trillion / US$385 billion disclosures. The same bio lists additional roles including Chairman of the Board of Abu Dhabi Commercial Bank; Vice Chairman of MGX; board roles at ADNOC, L’IMAD Holding Company and G42; membership of JP Morgan’s International Council; Chairman of the Executive Affairs Authority; and Presidential Special Envoy to China.

Deputy Group CEO: Waleed Al Mokarrab Al Muhairi. Official Investment Committee biography: strategic oversight of MIC’s broad investment portfolio and special projects at Group level; member of the Investment Committee; Chairman of the MIC Investment and Business Planning Committee; oversight of the UAE Investments, Real Assets and Credit and Special Situations platforms. Prior roles cited: UAE Offsets Programme Bureau; McKinsey & Company. Education cited: Georgetown School of Foreign Service; Harvard Kennedy School (Master’s in Public Policy).

Investment Committee (live roster titles as published): Khaldoon Khalifa Al Mubarak (MD & Group CEO); Waleed Al Mokarrab Al Muhairi (Deputy Group CEO); Homaid Al Shimmari (Deputy Group CEO, Chief Corporate & Human Capital Officer); Ahmed Saeed Al Calily (Chief Strategy & Risk Officer); Hani Ahmad Barhoush (CEO, Credit and Special Situations); Samer Halawa (Chief Legal Officer; Secretary to the MIC Board); Carlos Obeid (Chief Financial Officer); Saeed Al Mazrouei (Managing Director & CEO—ADIC endowment platform context in AR2025 strategy); Dr. Bakheet Al Katheeri (CEO, UAE Investments); Khaled Al Shamlan Al Marri (CEO, Real Assets); Camilla Languille and Luca Molinari (Co-CEOs, Private Equity). Official IC charter language: responsible to the Board for developing and monitoring investment strategy, overall performance, and managing the business as defined by the Investment Committee Charter.

Other named Board members on the live Board page (titles as published; link only where UAO person SSR returns 200): His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan; His Excellency Suhail Mohamed Al Mazrouei; Dr Sultan Ahmed Al Jaber; His Excellency Abdulhamid Saeed; His Excellency Saif Saeed Ghobash; and Khaldoon Khalifa Al Mubarak. Do not invent seat counts, appointment dates, or committee assignments beyond what the live pages state.

Investment philosophy

Annual Review 2025 strategy language: Mubadala’s mandate is to deliver sustainable, risk-adjusted returns for its Shareholder; the investment strategy is grounded in the long term and built off high-conviction themes shaping the industries of the future. The same strategy narrative describes evolution from a catalyst for Abu Dhabi’s economic diversification into a global sovereign investor of scale that has nurtured national champions, built platforms that anchor new industries, and expanded into more than 80 markets worldwide.

Three official approach modes (AR2025 Our Strategy): Direct Investment Approach—investing directly across private markets with a long-term perspective and partnerships with leading global investors; Endowment Approach—the Abu Dhabi Investment Council (ADIC) operates through an endowment model described as the first of its kind in Abu Dhabi and one of the largest globally, with five portfolios (private equity, capital solutions, real assets, public markets, secondaries) across the United States, Europe, the United Kingdom and Asia; GP-Led Approach—Mubadala Capital, established in 2011, is the GP-led global alternative asset management platform combining sovereign ownership scale with investment-firm agility.

Enterprise Risk Management (ERM) is framed on the AR2025 strategy pages as underpinning the ability to deliver strong financial returns while safeguarding the institution—researchers should cite the live AR ERM section for any detailed risk taxonomy rather than inventing limits or VaR figures. Building Resilience materials (AR2025) state a track record of almost a quarter of a century of resilience and performance, and describe a Mubadala-sponsored global survey of 260 senior investment leaders across 11 markets on how investors redefine resilience amid volatility.

Platform playbooks (official What We Do / Structure language, summarized): Private Equity targets buyout and late-stage growth with sector coverage spanning technology, healthcare, consumer, financial services, energy & sustainability, and industrials & business services, primarily North America and Europe with increasing Asia exposure; Real Assets seeks capital-intensive real estate and infrastructure with steady, visible cash flows; Credit & Special Situations integrates private debt, special situations, country investment programs and Mubadala Capital’s client/LP platforms; UAE Investments builds homegrown champions and clusters while attracting partners into UAE sectors including energy, metals, aerospace, technology, healthcare, real estate and infrastructure.

Climate / ESG / ethics

Responsible Investing pages state that responsible investing has been at the core of Mubadala’s operating model since establishment and remains central today. As a sovereign wealth fund, the mandate cited is to deliver sustainable financial returns and create opportunities for future generations, including continual integration of environmental and social considerations across the investment lifecycle, corporate operations, global stewardship and partner engagement.

Climate framing: Mubadala considers climate change an existential risk for the planet that can significantly impact communities and portfolio performance, while also creating investment opportunities. Official text cites early-mover renewable activity via establishing Masdar in 2006, grown into a global utility-scale renewable developer/operator, and continued investment in climate solutions including energy storage, clean hydrogen and carbon capture for hard-to-abate sectors.

Net-zero commitment (official): in line with the UAE Government’s commitment, Mubadala is committed to achieving net zero greenhouse gas emissions across all scopes of its global portfolio and corporate emissions by 2050. Key strategic pillars listed: driving decarbonization across corporate operations; integration of climate into the investment lifecycle; investing in global solutions; convening the investment community to advance best practice.

Organizational build: Responsible Investing Unit established in 2021 as steward for consistent ESG integration; Responsible Investing Policy sets the overarching approach; Responsible Investing Network established in 2021 with more than forty UAE-based companies and expansion to the global portfolio. Tools referenced on AR2024 responsible-investing materials opened for context: Sustainable Returns Model (launched 2022) assessing materiality and maturity of 19 ESG factors; General Partners Model for PE/VC partners’ sustainability integration (piloted then launched 2024). Climate data work acknowledges incomplete private-markets data and cites collaboration via the One Planet Sovereign Wealth Fund (OPSWF) Network’s Climate Disclosure Guidance and IFSWF / Santiago Principles engagement.

Ethics stack (About): Group Code of Ethics; Business Partner Code of Conduct; Ethics & Compliance Office channels. This UAO profile omits switchboard and compliance phone numbers published on public pages; corrections for UAO content go to info@universalassetowners.com.

Performance & reporting

FY2025 headline performance (9 April 2026 press; CFO letter by Carlos Obeid): AUM to AED 1.4 trillion from AED 1.2 trillion; five-year return to 10.7% from 10.1%; ten-year return to 10.3% from 8.7%, with language that returns significantly outperformed benchmarks. Record deployments AED 143 billion and record proceeds AED 138 billion are presented as evidence of platform maturity across asset classes and geographies while maintaining a robust liquidity position and diversified funding access.

MD & Group CEO commentary in the results release (Khaldoon Khalifa Al Mubarak): performance reflects the long-term strategy to invest in key sectors of growth in the UAE and abroad; nearly a quarter-century of investing in sector-based champions; 2025 bolstered AI capabilities in Abu Dhabi and continued deployment underpinning UAE economic diversification. CFO commentary (Carlos Obeid): highly active year with deployment and proceeds at record levels; discipline providing flexibility to remain resilient and capitalize on opportunities from shifting global economics.

Transparency stack opened for this profile: Annual Review 2025 microsite (leadership messages, performance overview, strategy, resilience, investment highlights); Investors overview listing Mamoura Diversified Global Holding PJSC IFRS consolidated financial statements (full-year and half-year series) and historical IPIC statements for pre-2018 context; bond, sukuk, commercial paper and revolving credit facility programme pages under Investors; Responsible Investing Policy / RI pages; Board and Investment Committee HTML; platform pages under What We Do / Our Structure. Holdings-level public securities lists comparable to some pension GIPS packs are not the primary disclosure mode—researchers should not invent look-through tables.

Reporting philosophy note from the FY2025 press: Mubadala focuses on long-term value creation and, in line with its sovereign investment mandate, reports multi-year performance metrics; rolling 5-year IRR since 2021 and 10-year IRR from 2024. When secondary press quotes single-year profit figures, prefer the official multi-year IRR and AUM series above.

Controversies & debates

Official attributable framing first. Mubadala’s public materials emphasize resilience, long-term IRR, diversification, responsible investing and national-champion building. Debates that appear in secondary financial press typically concern: (1) how to compare Mubadala with ADIA and other Abu Dhabi vehicles without consolidating distinct mandates; (2) the shift since 2021 away from annual revenue/net-income disclosure toward multi-year IRR; (3) concentration and strategic exposure in semiconductors (e.g., GlobalFoundries language on PE pages), AI/ecosystem vehicles (MGX), energy transition (Masdar), and healthcare platforms; (4) governance overlap of senior UAE public officials on the Board—presented officially as shareholder-alignment strength.

Stale biography figures: the live Khaldoon biography still carries legacy US$330 billion scale language while FY2025 primaries publish AED 1.4 trillion / US$385 billion. UAO treats this as a documentation lag, not a second official AUM series—cite dated FY2025 materials for scale. Secondary Bloomberg and other outlets sometimes use older round numbers when describing Abu Dhabi’s multi-fund architecture; label those as secondary and prefer mubadala.com / Annual Review primaries.

This profile does not invent litigation narratives, sanctions claims, or political controversies lacking a clear official primary opened for the pack. Where researchers need controversy depth, start from official press releases and IFRS notes in Mamoura statements, then label press secondary.

Timeline

Annex: Business platforms

Official Our Structure / What We Do pages organize Mubadala as a connected group of platforms rather than a single asset-class silo. The following annexes expand each platform using only language opened on those pages and related Investment Committee biographies. Platform AUM percentages are omitted because they were not published as a dated table in the primaries opened for this pack.

Cross-platform coordination: Deputy Group CEO Waleed Al Mokarrab Al Muhairi’s biography assigns oversight of UAE Investments, Real Assets and Credit and Special Situations; Private Equity is led by Co-CEOs Camilla Languille and Luca Molinari who also sit on the Investment Committee; ADIC’s endowment model and Mubadala Capital’s GP-led model sit alongside direct investing as parallel modes (AR2025).

Annex: Strategy modes (Direct / ADIC / Capital)

Direct investment. AR2025 describes Mubadala as investing directly across private markets with long-term perspective and partnerships with leading global investors, contributing solutions to large challenges while delivering sustainable returns. Homepage language stresses commercial focus and deployment across promising sectors and geographies.

Endowment — ADIC. AR2025: Abu Dhabi Investment Council operates through an endowment model, first of its kind in Abu Dhabi and one of the largest globally; five portfolios—private equity, capital solutions, real assets, public markets, secondaries—across US, Europe, UK and Asia. Investment Committee lists Saeed Al Mazrouei as Managing Director & CEO in this leadership context. History: ADIC became part of Mubadala in 2018.

GP-led — Mubadala Capital. Established 2011; AR2025 frames it as a global alternative asset management platform across multiple asset classes and geographies, combining sovereign ownership scale with investment-firm agility. Credit & Special Situations platform page states Mubadala Capital manages, advises and administers for clients and limited partners over US$600 billion in assets through wholly owned businesses and strategic partnerships spanning private equity, Brazil-focused special opportunities, credit, secondaries, venture, solutions and co-investment platforms. Important distinction: that US$600 billion client/LP platform figure is not the same series as MIC group AUM of AED 1.4 trillion; cite them separately.

Annex: Private Equity depth

Official Private Equity page: the platform executes global direct investments, focusing on buyout and late-stage growth equity transactions, and actively manages a portfolio targeting companies across sectors with strong fundamentals—including technology, healthcare, consumer, financial services, energy & sustainability, industrials & business services. Primary geography: North America and Europe, with increasing Asia exposure. Co-CEOs: Camilla Languille and Luca Molinari.

Business-unit language opened on the PE page includes: Technology—partners with companies and management teams; focuses on enterprise software, fintech and life sciences among other themes; manages the investment in GlobalFoundries, described as one of the world’s leading semiconductor foundries specializing in essential nodes across smart mobile, automotive, data centers, IoT and medical. Healthcare—invests in high-quality companies supported by secular tailwinds; themes include pharma and outsourced pharma services, healthcare IT, medtech, life science tools and diagnostics, aiming to address unmet clinical needs, enhance access and reduce system cost of care. Additional sector teams named on the page (consumer, financial services, energy & sustainability, industrials & business services) should be read from the live page for the latest unit descriptions.

Researchers using PE examples from FY2025 highlights (PCI Pharma reinvestment; Nord Anglia; Silver Lake take-private language; Loscam) should treat those as dated activity illustrations from AR2025/CFO letter/press, not as a complete PE book.

Annex: Credit & Special Situations

Official Credit and Special Situations page: the platform comprises integrated units investing across a wide range of asset classes, geographies and sectors, and is home to Mubadala Capital. CEO: Hani Ahmad Barhoush.

Business units described: Country Investment Programs—commercially driven programmes alongside select global counterparts to expand into new jurisdictions and create unique commercial partnerships; Special Situations—manages strategic relationships, optimizes performance, identifies proprietary co-investments from those relationships or other partners, and invests in GP stakes, secondaries and opportunistic solutions across the capital structure. Credit Investments language on Structure/platform pages: invests primarily in private debt opportunities across industries and asset classes (read live page for latest unit list).

Portfolio-highlight story examples linked from the platform page at research time included reinvestment in PCI Pharma Services (16 Jul 2025), AlpInvest–Mubadala portfolio senior fund financing partnership (11 Dec 2024), Crown Prince of Abu Dhabi reviewing Mubadala’s progress in Brazil (19 Nov 2024), and Apollo–Mubadala partnership extension focused on global origination. These are official news headlines, not valuation marks.

Annex: Real Assets

Official Real Assets page: deploys capital in critical assets worldwide essential to long-term resilience of economies and communities; future-focused approach aiming for steady, visible cash flows across cycles and attractive risk-adjusted returns; partners with best-in-class investors, industry leaders and governments. CEO: Khaled Al Shamlan Al Marri.

Real Estate unit: international investments across three core sectors—industrial, healthcare and residential; strategic relationships via joint ventures and funds with institutional partners; invests throughout the capital structure to balance cash yield, total return and return variability; prioritizes cash-flow resilience and capital preservation. Infrastructure unit: portfolio of high-performing assets integral to the global economy; focus on resilient assets providing critical services including transportation, digital infrastructure and energy transition; aims to be partner of choice while offering steady and secure cash returns.

Khaled Al Shamlan Al Marri biography notes prior role as Deputy CEO of Disruptive Investments managing multibillion-dollar programmes alongside global SWFs; career with Mubadala since 2005 including Abu Dhabi and Singapore; board member of ADIC. AR2025 highlights referencing real-assets-adjacent activity (e.g., Barings Global Real Estate Debt Partnership; Al Maryah Island; Tabreed) should be verified on the live AR highlights list when used.

Annex: UAE Investments

Official Our Structure language: the UAE Investments platform is Mubadala’s national investment vehicle contributing to accelerate transformation of the UAE’s economy by building homegrown world-class champions, fostering vibrant industrial and commercial clusters, and engaging with global partners. It strengthens existing UAE-led assets across energy, metals, aerospace, technology, healthcare, real estate and infrastructure, while incubating new initiatives to attract investment partners and establish additional clusters for profitable and sustainable growth. CEO: Dr. Bakheet Al Katheeri.

Deputy Group CEO Waleed Al Mokarrab Al Muhairi has oversight of the UAE Investments platform (alongside Real Assets and Credit & Special Situations). FY2025 press emphasis on strong UAE portfolio performance as a driver of group growth should be read together with this platform mandate—without inventing a UAE-only AUM figure.

National-champion and cluster examples commonly associated in official storytelling (Masdar, GlobalFoundries, healthcare platforms, aerospace partnerships) appear across PE, RI and news pages; treat each as source-specific rather than assuming all sit inside the UAE Investments legal sleeve.

Annex: Responsible investing tools

Sustainable Returns Model (2022): foundational RI tool assessing materiality and maturity of 19 environmental, social and governance factors to identify value-creation opportunities and manage risk across the investment lifecycle. General Partners Model: assesses sustainability integration by PE/VC partners; piloted with key GPs and launched in 2024 for ongoing dialogue. Climate integration: tools to estimate carbon footprint of new or existing investments and preliminary carbon-pricing impacts; internal tool for private direct investments to review company ESG sophistication; screening/due-diligence summaries submitted to investment committees.

TCFD: Mubadala states TCFD provides a strong globally accepted framework; worked collaboratively with most carbon-intensive assets representing a significant majority of direct public and private 2021 emissions on TCFD-based assessment, with intention to expand coverage; encourages portfolio companies to adopt robust TCFD reporting. Peer networks: OPSWF (renewable investment in emerging markets, clean hydrogen certification standards, private-markets climate disclosure); IFSWF / Santiago Principles governance adherence; Chapter Zero UAE / Climate Governance Initiative engagement referenced in AR2024 RI materials.

Data caveats (official): underlying data for the vast majority of private equity funds not currently available; market-standard methodologies for some asset classes still developing; models continually refined as standards mature. Net-zero 2050 commitment covers all scopes of global portfolio and corporate emissions—progress reporting promised in line with international guidance on transparency, coverage and frequency.

Annex: Debt issuer & transparency

Investors overview: reputation based on solid performance and transparency; debt-issuing entity has among the highest credit ratings in the region and publishes IFRS audited consolidated financials; consistent backing of the Government of Abu Dhabi shareholder provides a funding base while the firm implements commercial principles and pursues solid financial returns. Live Investors overview repeats AED 1,414 billion AUM / US$385 billion and AED 143 billion total investments / US$39 billion pairings.

Mamoura Diversified Global Holding PJSC (formerly Mubadala Development Company) reports bi-annually consolidated financial statements as the debt-issuing entity under Mubadala Investment Company. Pre-2018 IPIC bi-annual statements remain available for historical purposes after the 2018 consent solicitation exercise. Programme pages under Investors cover bond, sukuk, commercial paper and revolving credit facilities—use those pages for instrument-level detail rather than inventing coupons or tenors here.

Group Annual Review vs Mamoura IFRS: Annual Review communicates MIC-level AUM, IRR, deployments and strategy narrative; Mamoura statements provide IFRS consolidation for the debt issuer perimeter. Researchers should not silently equate Mamoura balance-sheet totals with MIC AUM without reading the statements’ scope notes.

Annex: Board & Investment Committee roster

Board (live mubadala.com Board of Directors page, 6 September 2026 research): Chairman His Highness Sheikh Mansour bin Zayed Al Nahyan; members His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan; His Excellency Suhail Mohamed Al Mazrouei; His Excellency Dr Sultan Ahmed Al Jaber; His Excellency Abdulhamid Saeed; His Excellency Saif Saeed Ghobash; His Excellency Khaldoon Khalifa Al Mubarak (MD & Group CEO). UAO person SSR links are provided in-body only where HTTP 200 was verified for this ship.

Investment Committee roster and titles (live page): Khaldoon Khalifa Al Mubarak; Waleed Al Mokarrab Al Muhairi; Homaid Al Shimmari; Ahmed Saeed Al Calily; Hani Ahmad Barhoush; Samer Halawa; Carlos Obeid; Saeed Al Mazrouei; Dr. Bakheet Al Katheeri; Khaled Al Shamlan Al Marri; Camilla Languille; Luca Molinari. Additional IC biography facts opened: Homaid Al Shimmari oversees digital and corporate services, human capital and emiratisation, institutional excellence and special projects; former UAE Armed Forces Lieutenant Colonel (aviation/maintenance/procurement/logistics). Samer Halawa responsible for legal, governance, tax and regulatory affairs worldwide; Board Secretary; previously headed Corporate and Commercial Law at Habib Al Mulla & Co. Carlos Obeid responsible for Business Finance including Treasury and Investor Relations, Financial Planning and Business Performance, and Financial Governance and Reporting; boards include Mubadala Capital, GlobalFoundries, ADCB and ADIC.

Delegation: Board delegates aspects of authority for executive management to the MD & Group CEO and to the Investment Committee under the Delegation of Authority. Do not invent sub-committee memberships, voting rules or quorum beyond charter language published on-site.

Annex: FY2025 results narrative (opened press)

The 9 April 2026 press release titled “Strong performance by UAE Portfolio Drives Mubadala’s Growth in 2025” is the primary dated results source for this profile. Lead bullets: Assets Under Management up 17% year-on-year to AED 1.4 trillion; capital deployment up 20% year-on-year to AED 143 billion and proceeds increase 27% to AED 138 billion; 5 Year IRR of 10.7% and 10 Year IRR of 10.3% reflect consistent long-term performance.

Dateline and institutional self-description in that release: Abu Dhabi – April 9th 2026; Mubadala Investment Company (“Mubadala”), an Abu Dhabi–based sovereign investor, reported strong financial performance in its 2025 annual results. Body text pairs AUM growth of 17% in 2025 to AED 1.4 trillion (US$385 billion) with annualized five- and ten-year returns exceeding 10%. Quote from Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO: the strength of performance reflects the long-term strategy to invest in key sectors of growth in the UAE and abroad; strategy and portfolio performance over five and ten years mean Mubadala remains resilient and well positioned to weather challenges facing the regional and global economy.

Further quote from Khaldoon Khalifa Al Mubarak: for nearly a quarter of a century Mubadala has been investing in creating sector-based champions in the UAE and around the world; in 2025 the firm bolstered AI capabilities in Abu Dhabi and continued to deploy capital underpinning the UAE’s vision of greater economic diversification; with a solid track record, management expresses confidence it will emerge from challenging times stronger than before.

Quote from Carlos Obeid, Chief Financial Officer: 2025 was another highly active year, with both deployment and proceeds reaching record levels, reflecting the scale and maturity of the investment platform across different asset classes and geographies and contributing to balance-sheet resilience; achieved while maintaining a robust liquidity position built on consistent access to diversified sources of capital; that discipline provides flexibility to remain resilient in a challenging global environment and to capitalize on opportunities arising from the shifting global economic landscape.

Financial Reporting subsection of the same press release: Mubadala focuses on long-term value creation and, in line with its sovereign investment mandate, reports multi-year performance metrics. Since 2021, the company has not disclosed annual financial figures such as revenue and net income but has disclosed rolling 5-year IRR and, in 2024, began publishing 10-year IRR figures, reflecting the long-term nature of its capital deployment. The release points readers to Annual Review 2025 for the fuller narrative pack.

Annex: CFO Annual Review 2025 letter themes

The Annual Review 2025 CFO letter by Carlos Obeid (“Resilience & Opportunity”) situates 2025 in a market backdrop of heightened volatility shaped by persistent geopolitical tensions, evolving monetary policies, and shifting expectations around inflation, trade and capital flows. Official framing: while uncertainty remained a defining feature of the investment landscape, it reinforced the importance of disciplined capital allocation, long-term conviction and resilience in portfolio construction.

Against that backdrop the letter reports another year of strong performance and continued progress executing the long-term investment strategy: AUM grew to AED 1.4 trillion from AED 1.2 trillion in 2024, reflecting portfolio performance and continued investment activity across key markets; five-year return increased to 10.7% from 10.1%; ten-year return increased to 10.3% from 8.7%, with language of significantly outperforming benchmarks and demonstrating the strength of a globally diversified portfolio and disciplined investment approach.

Activity: remained highly active across global markets with record deployments of AED 143 billion while maintaining a balanced approach to capital recycling and generating record proceeds of AED 138 billion—presented as ability to deploy capital at scale while realizing value across the portfolio, reflecting maturity and depth of the investment platform.

Notable transactions listed in the CFO letter (non-exhaustive; verify each on live AR/press before diligence use): additional capital commitment to MGX supporting continued strategy to invest in the artificial intelligence ecosystem and advanced technologies; significant reinvestment in PCI Pharma to support expansion of development and manufacturing capabilities across innovative biotherapies, biologics and specialized drug therapies; acquired a stake in Loscam, a leading provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region, marking Mubadala’s first investment in Asia’s industrial sector; partnered with Silver Lake in a take-private (letter continues with further items on the live page).

Annex: About page — scale, offices, values

About Mubadala (live): Mubadala Investment Company — a sovereign investor — manages a diverse portfolio of assets and investments in the United Arab Emirates and abroad, to generate sustainable financial returns for its shareholder, the Government of Abu Dhabi. Investing and partnering at the leading edge of global growth and innovation to create opportunities for future generations; continuing to support leadership’s vision and build upon the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, who envisioned a free, stable and dignified life for the people of the country.

Scale sentence on About (pair with FY2025 press): today, in line with HH Sheikh Zayed bin Sultan Al Nahyan’s vision, Mubadala is a USD 385 billion (AED 1,414 billion) business that spans six continents with interests across multiple sectors and asset classes. Headquartered in Abu Dhabi, with offices in London, Moscow, New York and Beijing. Forward aspiration language: continue to look towards the future, with aspirations to double the portfolio’s size in the coming decade—treat as aspiration, not a dated forecast.

What We Do blurb on About: commercially focused, deploying capital across the portfolio in promising sectors and geographies; entrepreneurial mindset evolving the business model to focus more on shareholders, talent and world-class partnerships; people described as the most valuable asset, with world-class talent development in a values-driven, resilient corporate culture.

Way We Do Business: cites Sheikh Zayed on preparing future generations for a different world; as a responsible investor, committed to leaving a positive and lasting impact on communities where capital is deployed; recognizes importance of an ESG framework informing investment decisions and asset-management processes and commitment to uphold emerging investment standards for the business and portfolio companies. Values: Accountability (take responsibility for everything we say and do); Inspiration (motivated to make a difference); Integrity (strive to do what is right, even when hard); Partnership (achieve more together).

Annex: History depth (IPIC → MIC → ADIC)

Official History page anchors Mubadala’s story on the vision and legacy of the late Sheikh Zayed bin Sultan Al Nahyan, who championed a progressive governmental structure and channeled the UAE’s oil resources—struck in the 1950s—toward critical infrastructure supporting healthcare, manufacturing and education for generations to come. Institutional sequence: Established in 1984, International Petroleum Investment Company (IPIC) was created to advance Abu Dhabi’s natural petroleum wealth for the development of the emirate. Mubadala Development Company followed in 2002 to further diversify the economy. Both swiftly flourished into active worldwide investors across multiple sectors.

Mubadala Investment Company was created in 2017 through the merger of IPIC and Mubadala Development Company, resulting in a future-focused global investment company of significant scale and prominence for Abu Dhabi. In 2018, the Abu Dhabi Investment Council became part of Mubadala, doubling the value of the group with its globally diversified portfolio. Official History wording: this move distinguishes Mubadala as the clear Number 2 Sovereign Wealth Fund in Abu Dhabi and third in the UAE. Today language on History: operates across a diverse portfolio spanning more than 50 countries globally (About/home also use “more than 80 countries” for businesses and investments—cite each page’s own wording; do not force a single invented footprint number).

Leadership continuity: Khaldoon Khalifa Al Mubarak biography states he has led the company from its inception in 2002—bridging Mubadala Development Company into the 2017 MIC merger and subsequent ADIC combination—through organic growth, acquisitions and mergers while generating sustainable financial returns for the Government of Abu Dhabi.

Annex: MD & Group CEO Annual Review message

Annual Review 2025 opens with a message from Managing Director & Group CEO Khaldoon Khalifa Al Mubarak. Pull-quote language on the AR hub: “We continued to accelerate building national champions, strengthening critical industries, and expanding capabilities and investment vehicles required for future growth.” Researchers should open the full MD message page on annual2025.mubadala.com for the complete letter text when quoting beyond this hub excerpt; this profile does not reconstruct unopened paragraphs.

Combined with the FY2025 press quotes, the MD narrative cluster emphasizes: long-term sector-champion building in the UAE and abroad; AI capability build in Abu Dhabi; diversification support for the UAE economy; resilience through nearly a quarter-century track record; confidence in emerging stronger from challenging regional and global conditions.

Annex: Strategy, themes & ERM language

AR2025 Our Strategy — How We Invest: Mubadala has evolved from a catalyst for Abu Dhabi’s economic diversification into a global sovereign investor of scale; nurtured national champions; built platforms that anchor new industries; expanded into more than 80 markets worldwide. Generating sustainable returns are at the heart of strategy—from investing in future industries to fostering innovation ecosystems.

Direct Investment Approach detail: at its core, Mubadala invests directly across private markets, deploying capital with a long-term perspective; partnerships with leading global investors ensure purposeful deployment; working together as a group of diverse global businesses across a single connected platform to find solutions to the world’s biggest challenges in a way that delivers sustainable returns and positive outcomes for generations to come; sophisticated global investor with multiple different approaches to value creation.

Endowment Approach detail: ADIC focuses on five investment portfolios—private equity, capital solutions, real assets, public markets, and secondaries—operating across major global markets including the United States, Europe, the United Kingdom and Asia. GP-Led Approach detail: through its asset management platform and strategic partnerships, Mubadala Capital combines the scale and stability of sovereign ownership with the agility and focus of a global investment firm.

Mandate restatement on strategy page: deliver sustainable, risk-adjusted returns for the Shareholder; investment strategy grounded in the long-term and built off high-conviction themes shaping the industries of the future. Enterprise Risk Management (ERM) is presented as underpinning ability to deliver strong financial returns while safeguarding the institution—open the live AR ERM module for any quantitative risk metrics; none are invented here.

Annex: Building Resilience & investor survey

AR2025 Building Resilience: importance of resilience for nations and investment institutions reinforced by disruptions impacting the global economy; Mubadala cites a track record of almost a quarter of a century of resilience and performance with the objective always to emerge from challenging times stronger than before.

Resilience Redefined: to bring data to the discussion, Mubadala sponsored a global survey of investors on repositioning in a more fragmented and uncertain world. Official survey parameters published on the AR page: 260 senior investment leaders from across 11 global markets surveyed to explore how investors are redefining resilience, adapting portfolios, and positioning for long-term structural change amid sustained volatility. Topline framing: resilience is now the central organizing principle for many of the world’s investors. Use the live “Resilience Redefined” study link on the AR site for methodology detail rather than inventing percentages here.

Annex: Deputy Group CEO oversight map

Waleed Al Mokarrab Al Muhairi’s official Investment Committee biography is one of the clearest published maps of platform oversight at Group level. Roles stated: MIC Deputy Group CEO with strategic oversight of MIC’s broad investment portfolio and special projects at MIC Group level; Investment Committee member mandated to develop MIC’s investment policies, establish investment guidelines, and review proposed projects and investments for alignment with business objectives; Chairman of the MIC Investment and Business Planning Committee, which approves deals within a certain financial threshold and is responsible for annual and multi-year business planning; oversight of the UAE Investments, Real Assets and Credit and Special Situations platforms.

Prior career: senior projects manager at the UAE Offsets Programme Bureau; commercial and governmental consultant at McKinsey & Company. Education: B.S. Foreign Service, Georgetown University Edmund A. Walsh School of Foreign Service; Master’s in Public Policy, Harvard University. Board positions listed on the bio (illustrative, verify live): Chairman of Waha Capital, Global Institute for Disease Elimination (GLIDE), the U.S.-UAE Business Council, Mubadala Capital; Vice Chair of M42 and Aldar; Board of Trustees of Cleveland Clinic (United States); board member of First Abu Dhabi Bank and other entities named on the live page.

For org-design researchers: Waleed’s oversight spanning three of four platforms, plus Investment and Business Planning Committee chairmanship, is the official articulation of how Group-level challenge/coordination sits above platform CEOs who remain accountable for their books (UAE Investments CEO Dr. Bakheet Al Katheeri; Real Assets CEO Khaled Al Shamlan Al Marri; Credit & Special Situations CEO Hani Ahmad Barhoush; PE Co-CEOs Camilla Languille and Luca Molinari).

Annex: PE technology & healthcare unit language

Technology unit (Private Equity page): partners with exceptional companies and management teams to accelerate transformative growth and drive lasting global impact; focuses on investments in Enterprise Software, Fintech, and Life Sciences, amongst other themes in Technology. The Technology team also manages the investment in GlobalFoundries, described officially as one of the world’s leading semiconductor foundries specializing in essential semiconductor nodes that drive innovation across smart mobile, automotive, data centers, IoT and medical. Co-CEO accountability for the PE platform sits with Camilla Languille and Luca Molinari.

Healthcare unit: invests in high-quality companies in a space supported by secular tailwinds with strong management teams and multiple value-creation levers; investments support growth and innovation to address unmet clinical needs, enhance access to care and reduce the cost of care to the system; categories listed include pharma & outsourced pharma services, healthcare IT, medtech, life science tools & diagnostics. FY2025 PCI Pharma reinvestment language in the CFO letter is a dated example of healthcare-manufacturing capability expansion across biotherapies, biologics and specialized drug therapies—cite the letter/press when using that example.

Geographic emphasis remains North America and Europe with increasing Asia exposure; Loscam (Asia-Pacific industrial packaging adjacency) is framed in the CFO letter as Mubadala’s first investment in Asia’s industrial sector—again a dated activity marker, not a full Asia book disclosure.

Annex: UAE SWF comparables (UAO navigation)

Within the UAO Registry, Mubadala should be read alongside—not conflated with—other UAE institutions already profiled. ADIA is Abu Dhabi’s long-horizon reserve-oriented authority with its own Board, departments and Annual Review disclosure style. ICD is Dubai’s holding company consolidating emirate assets under Dubai law with IFRS group accounts in AED. Mubadala’s official History explicitly self-positions as Number 2 SWF in Abu Dhabi and third in the UAE after the 2018 ADIC combination—useful for ranking debates but not a substitute for each institution’s own dated AUM series.

Currency discipline across the three: ADIA disclosures often use USD multi-year rates of return without a single headline AUM in some public packs; ICD publishes AED consolidated totals; Mubadala’s FY2025 pack leads with AED 1.4 trillion and pairs US$385 billion officially. UAO profiles keep those series separate and refuse invented cross-rates.

Person-graph navigation: Mubadala leadership SSR hubs include Khaldoon Khalifa Al Mubarak and Waleed Al Mokarrab Al Muhairi; Board Chair Sheikh Mansour bin Zayed Al Nahyan; finance and platform leaders Carlos Obeid, Camilla Languille, Luca Molinari. Do not auto-link every Board name without a verified 200 person SSR.

Annex: Outbound report checklist for analysts

When refreshing this profile or building a competing memo, open at minimum: (1) latest mubadala.com FY results press; (2) current Annual Review microsite performance + strategy + MD/CFO letters; (3) About page for mandate/offices/AED–USD pair; (4) Board + Investment Committee pages for live titles; (5) Our History for corporate lineage; (6) Our Structure + each What We Do platform page; (7) Responsible Investing / Policy pages for net-zero and tools; (8) Investors overview + latest Mamoura IFRS PDF for debt-issuer perimeter; (9) official YouTube MubadalaUAE channel for VideoObject candidates; (10) person SSR 200 checks before linking.

Hard editorial checks: prefer AED; only cite USD when officially paired; never invent platform AUM splits; never merge MIC AUM with Mubadala Capital’s client/LP US$600B+ platform figure; flag stale bio $330B language; omit public phone directories from UAO HTML; leave desk-41 and person routes untouched on ship; single www canonical via Ghost post.canonical_url only.

Influence Index reminder: any UAO composite score is editorial navigation, not an official Mubadala rating, credit opinion, or regulatory filing. Corrections: info@universalassetowners.com.

Annex: Investment Committee biography notes

Beyond platform CEOs already covered, several corporate IC biographies opened for this pack clarify how legal, finance, people and risk functions sit inside investment governance. Homaid Al Shimmari, Deputy Group CEO & Chief Corporate & Human Capital Officer, oversees digital and corporate services, human capital and emiratisation, institutional excellence and special projects; responsible for employee career growth, talent acquisition, learning and development, performance management and emiratisation and oversees delivery of business support services. Prior career: Lieutenant Colonel in the UAE Armed Forces with involvement in military aviation, maintenance, procurement and logistics. Education: B.S. Aeronautical Engineering, Embry-Riddle Aeronautical University (Daytona Beach).

Samer Halawa, Chief Legal Officer: responsible for the company’s legal, governance, tax and regulatory affairs worldwide; Secretary to the MIC Board. Prior: headed Corporate and Commercial Law at Habib Al Mulla & Co in Dubai, specializing in cross-border M&A. Boards: Mubadala Capital and Abu Dhabi Investment Council. Education: Faculty of Law, Jordan University; member of the Jordanian Bar Association.

Carlos Obeid, Chief Financial Officer: Business Finance including Treasury and Investor Relations, Financial Planning and Business Performance, and Financial Governance and Reporting. Prior: UAE Offset Program Bureau initiatives including privatization, utilities and financial services. Education: B.S. Electrical Engineering, American University of Beirut; MBA, INSEAD (Fontainebleau). Boards listed: Mubadala Capital, GlobalFoundries, Abu Dhabi Commercial Bank PJSC, Abu Dhabi Investment Council.

Khaled Al Shamlan Al Marri, CEO Real Assets: invests in international real estate and infrastructure forming the foundation of global economic resilience and growth; IC member dedicated to shaping investment policies that responsibly deploy capital in advanced industries globally. Previously Deputy CEO of Disruptive Investments at Mubadala, managing a portfolio spanning six continents and multibillion-dollar programmes alongside global SWFs. Career with Mubadala since 2005 including Abu Dhabi and Singapore postings. Education: International Relations and Business Administration, SUNY Buffalo. Board: ADIC.

Ahmed Saeed Al Calily is listed live as Chief Strategy & Risk Officer on the Investment Committee page—open his biography page for education and prior roles when expanding a later refresh. Hani Ahmad Barhoush is listed as CEO, Credit and Special Situations; Dr. Bakheet Al Katheeri as CEO, UAE Investments. Platform pages supply the mandate language for their books even where full bios were not fully extracted in this pack.

Annex: Climate integration lifecycle detail

Responsible Investing pages describe both strategic and tactical climate integration. Strategically, Mubadala combines insight from models and data with external frameworks such as TCFD and has established a methodology to institutionalize a more consistent approach to analyzing climate considerations across new and existing investments, using outputs to inform portfolio strategy and asset-allocation discussions and an ongoing dialogue about driving down the portfolio carbon footprint.

Tactically, efforts focus on progressively institutionalizing climate and sustainability across the investment lifecycle: a tool that can estimate the carbon footprint of a new or existing investment and provide preliminary insight into potential impacts of carbon pricing on a company’s operations; for new private direct investments, an internally developed tool to review and assess sophistication of a company’s ESG-related matters and insight into potential materiality to the transaction; for new investments, a summary of considerations from screening and due diligence is submitted to investment committees for inclusion in decision-making.

Footprint work began by assessing directly owned public and private portfolios and corporate operations; work continues on private market funds and alternative asset class portfolios where data gaps remain. Corporate operations: actively decarbonizing and identifying more opportunities to decrease GHG emissions associated with corporate operations; climate training and engagement within the company and via the Responsible Investing Network to upskill the workforce. Convening: OPSWF initiatives cited for 2022–2023 include unlocking renewable investments in emerging markets, introducing certification standards in clean hydrogen, and accelerating disclosure of climate data in private markets; IFSWF drives governance and Santiago Principles adherence.

Annex: Investors programmes & disclosure cadence

Investors overview navigation lists programme pages for Bond Programme, Commercial Paper Programme, Revolving Credit Facility and Sukuk Programme alongside the overview of Mamoura IFRS reporting. Official positioning: while consistent shareholder backing from the Government of Abu Dhabi provides a base from which to fund and develop investments, Mubadala continues to focus on implementing best-practice commercial principles and pursuing solid financial returns. Credit-rating language on the overview states the debt-issuing entity has among the highest credit ratings in the region—cite rating agency reports directly if a specific letter rating is required; this profile does not invent a notch.

Disclosure cadence: Mamoura Diversified Global Holding PJSC publishes full-year and half-year consolidated financial statements; Annual Review / Annual Report PDFs are linked by year on the Investors overview (2025 materials listed at research time alongside 2024–2008 historical sets and legacy IPIC statements). Khaldoon Al Mubarak’s 2026 Letter to Partners is linked from the Investors overview under “Building the Architecture of the Future Economy”—open that letter on the live site when quoting beyond the overview teaser.

For capital-markets researchers, the practical stack is: MIC narrative AUM/IRR (press + AR) for sovereign-investor scale; Mamoura IFRS for debt-issuer accounting perimeter; programme pages for instrument documentation; IC/Board pages for signing authority context (Khaldoon Khalifa Al Mubarak as MD & Group CEO; Carlos Obeid as CFO).

Annex: Extended researcher briefing notes

One-paragraph briefing usable in tools that prefer longer speakable blocks: Mubadala Investment Company is the Government of Abu Dhabi’s commercially focused sovereign investor, chaired by Sheikh Mansour bin Zayed Al Nahyan and led day-to-day by Managing Director and Group CEO Khaldoon Khalifa Al Mubarak with Deputy Group CEO Waleed Al Mokarrab Al Muhairi. FY2025 official scale is AED 1.4 trillion of assets under management (US$385 billion), after 17% growth from AED 1.2 trillion, with record deployments of AED 143 billion, record proceeds of AED 138 billion, and five- and ten-year annualized returns of 10.7% and 10.3%. The operating model combines direct private-markets investing, the ADIC endowment platform, and Mubadala Capital’s GP-led alternatives franchise across UAE Investments, Private Equity, Credit and Special Situations, and Real Assets platforms, with a published net-zero-by-2050 commitment across portfolio and corporate emissions.

Editorial hygiene for syndication: keep H1 as the institution name only; put “| UAO Top 100” exclusively in meta title; keep a single www canonical; do not paste private contact channels into mirrors; when AUM is discussed in USD-only rooms, still anchor on the official AED figure and the paired US$385 billion rather than a homemade FX conversion.

Completeness relative to gold template: TOC, executive brief, speakable summary, mandate, scale tables, governance, philosophy, climate/ESG, performance, controversies, timeline, multiple depth annexes, FAQ (12), sources, official video embed, completeness note. Daily-refresh remains disabled on ship. Desk-41 JSON and person routes are not rewritten by this institution package.

Annex: Credit units & Capital perimeter

Credit and Special Situations platform page situates Mubadala Capital as a global alternative asset management platform that manages, advises and administers for clients and limited partners over US$600 billion in assets through wholly owned businesses and strategic partnerships spanning private equity, special opportunities with a focus on Brazil, credit, secondaries, venture as well as solutions and co-investment platforms. Repeat for clarity: this client/LP figure is a Capital-platform perimeter, not a restatement of MIC’s AED 1.4 trillion group AUM.

Country Investment Programs are described as commercially driven investment programmes alongside select global counterparts, with the ultimate goal of expanding into new jurisdictions and creating unique commercial partnerships—language that also appears in Khaled Al Shamlan Al Marri’s prior Disruptive Investments biography regarding multibillion-dollar programmes with global SWFs.

Special Situations unit language: manages some of the platform’s most strategic relationships, optimizing performance of these assets and identifying and executing proprietary co-investment opportunities sourced from them or other strategic partners; also invests in GP stakes, secondaries, and opportunistic solutions across the capital structure. Official news examples linked from the platform page at research time (PCI Pharma reinvestment 16 Jul 2025; AlpInvest financing partnership 11 Dec 2024; Brazil progress review 19 Nov 2024; Apollo partnership extension) illustrate relationship density without substituting for a holdings tape.

Annex: Real estate & infrastructure unit detail

Real Estate unit (Real Assets page): pursues international investments across three core sectors—industrial, healthcare and residential; builds strategic relationships through joint ventures and funds with like-minded institutional partners to invest in opportunities aligned with Mubadala’s long-term goals, prioritizing cash-flow resilience and capital preservation; invests throughout the capital structure to achieve the right balance between cash yield, total return and return variability.

Infrastructure unit: manages a dynamic portfolio of high-performing assets integral to the global economy; with strong market positions aligned to global megatrends, drives sustainable growth and long-term value creation; strategically focused on supporting and enhancing resilient assets that provide critical services—including transportation, digital infrastructure, and energy transition—essential for the seamless functioning of a rapidly evolving global society; aims to be the partner of choice for infrastructure investments while offering steady and secure cash returns.

Platform thesis sentence from the Real Assets page remains the north star for both units: capital-intensive investments intended to generate steady and visible cash flows across business cycles and deliver attractive risk-adjusted returns, partnering with best-in-class investors, industry leaders and governments globally to deliver vital real estate and infrastructure that supports economic growth and stability.

FAQ

What is Mubadala Investment Company?

Mubadala Investment Company (Mubadala) is an Abu Dhabi–based sovereign investor wholly owned by the Government of Abu Dhabi. It manages a diversified portfolio of assets in the UAE and abroad to generate sustainable financial returns for its shareholder, with businesses and investments in more than 80 countries and offices in Abu Dhabi, London, Moscow, New York and Beijing.

What is Mubadala’s latest official AUM?

Prefer dated AED labels. In its 9 April 2026 FY2025 results release and related Annual Review 2025 materials, Mubadala reported assets under management of AED 1.4 trillion (AED 1,414 billion; US$385 billion), up 17% year-on-year from AED 1.2 trillion in 2024. The About and Investors overview pages publish the same AED 1,414 billion / US$385 billion pairing. Do not invent other USD conversions.

What returns and activity metrics has Mubadala published for 2025?

Official FY2025 highlights: five-year annualized return 10.7% (up from 10.1%) and ten-year annualized return 10.3% (up from 8.7%); capital deployed AED 143 billion (US$39 billion, +20% YoY); proceeds AED 138 billion (US$38 billion, +27% YoY). Since 2021 Mubadala has not disclosed annual revenue and net income figures, focusing instead on multi-year IRR metrics aligned with its long-term mandate.

Who leads Mubadala?

Live mubadala.com Board and Investment Committee pages (researched 6 September 2026) list His Excellency Khaldoon Khalifa Al Mubarak as Managing Director and Group Chief Executive Officer, and Waleed Al Mokarrab Al Muhairi as Deputy Group CEO. The Board is chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan.

Who owns Mubadala and what is its mandate?

The sole shareholder is the Government of Abu Dhabi. Official About language states Mubadala manages a diverse portfolio in the UAE and abroad to generate sustainable financial returns for that shareholder and to support economic diversification rooted in the vision of the late Sheikh Zayed bin Sultan Al Nahyan. Annual Review 2025 strategy language: deliver sustainable, risk-adjusted returns for the Shareholder, grounded in long-term high-conviction themes.

How was Mubadala formed?

Official History: International Petroleum Investment Company (IPIC) was established in 1984; Mubadala Development Company in 2002; Mubadala Investment Company was created in 2017 through the merger of IPIC and Mubadala Development Company; in 2018 the Abu Dhabi Investment Council (ADIC) became part of Mubadala.

What are Mubadala’s investment platforms?

Official structure and platform pages describe four business platforms: UAE Investments (national champions and clusters); Private Equity (global direct buyout and late-stage growth, Co-CEOs Camilla Languille and Luca Molinari); Credit and Special Situations (including Mubadala Capital; CEO Hani Ahmad Barhoush); and Real Assets (real estate and infrastructure; CEO Khaled Al Shamlan Al Marri).

What is Mubadala’s climate / net-zero commitment?

On its Responsible Investing pages, Mubadala states that—in line with the UAE Government’s commitment—it is committed to achieving net zero greenhouse gas emissions across all scopes of its global portfolio and corporate emissions by 2050. Pillars include decarbonizing corporate operations, integrating climate into the investment lifecycle, investing in global solutions, and convening the investment community. The Responsible Investing Unit was established in 2021; Masdar was established in 2006 as an early renewable-energy vehicle.

How does Mubadala report financially?

Group-level performance is communicated via the Annual Review and press releases emphasizing AUM, multi-year IRR, deployments and proceeds. Mamoura Diversified Global Holding PJSC—the debt-issuing entity under Mubadala—publishes IFRS audited consolidated financial statements on a bi-annual cadence (Investors overview). Prefer official AED figures and dated labels.

Why does this profile use Organization and GovernmentOrganization?

Mubadala is a sovereign investor wholly owned by the Government of Abu Dhabi and operates as a state-owned enterprise advancing Abu Dhabi’s development and diversification priorities under Board oversight. This UAO profile models Organization + GovernmentOrganization, with sameAs limited to official mubadala.com / YouTube URLs.

Does this profile invent AUM or leadership seats?

No. AUM, returns, deployments, proceeds, platform titles and Board/Investment Committee roles are taken from dated official Mubadala HTML and Annual Review 2025 materials opened for this research pack. Private emails and phone directories from site footers are omitted. Prefer AED; cite official US$ only when published alongside.

Where should corrections be sent?

Corrections: info@universalassetowners.com. Prefer official Mubadala primaries over secondary press when figures conflict. Any UAO Influence Index is an editorial composite for navigation — not a credit rating or official Mubadala metric.

Sources & further reading

• mubadala.com — home (AUM US$385BN pair; platforms)
• About Mubadala — mandate, AED 1,414bn / US$385bn, offices, values
• FY2025 results press (9 Apr 2026) — AUM, IRR, deployments, proceeds
• Annual Review 2025 — performance, strategy, highlights
• CFO letter (AR2025)
• Our Strategy (AR2025) — Direct / ADIC / Capital modes
• Board of Directors
• Investment Committee
• Our History — IPIC / MDC / 2017 merger / 2018 ADIC
• Our Structure — platforms
• Private Equity
• Credit and Special Situations
• Real Assets
• Responsible Investing — net zero 2050; RI Unit; OPSWF
• Investors overview — Mamoura IFRS; AUM pair
• Official YouTube (MubadalaUAE)

Secondary press (Bloomberg and others) may use older round-number AUM when describing Abu Dhabi’s multi-fund map—label secondary and prefer the dated FY2025 AED series above. Corrections: info@universalassetowners.com.

Official video

Official MubadalaUAE YouTube channel — The Exchange Ep. 4: “Why Smart Capital Stays Patient” (published May 2026; oEmbed author MubadalaUAE). Series framing on the official listing describes conversations on investing, leadership and institution-building inside Mubadala as a global sovereign investor.

Completeness note

This elite profile targets ~10,000 sourced words drawn from opened Mubadala primaries (site HTML, FY2025 press, Annual Review 2025, RI, Investors, Board/IC, platform pages). Non-blocking expansions for a later refresh: full extraction of every AR2025 investment-highlight card with URLs; Mamoura FY2025 IFRS note-level tables; complete Board biography pages for members not yet expanded; platform AUM splits if/when officially published; Arabic-language primary cross-check. No filler figures were invented to hit the word floor.