Mubadala announces separate partnerships with Silver Rock, AlpInvest

The Abu Dhabi sovereign wealth fund will expand its reach into fund finance and open itself to external shareholders.

Mubadala, the state-owned investment firm that manages the assets of the government of Abu Dhabi, has announced the formation of two separate partnerships: one with Carlyle- owned AlpInvest for global senior fund financing and a 42 percent stake in Silver Rock Capital Partners through cash and stock.

AlpInvest Mubadala Portfolio Senior Fund Financing allows for Mubadala to expand its capabilities to encompass senior loans against the value of private equity funds.