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PRESSR: Mubadala Capital successfully closes its second investment fund in Brazil after attracting more than $710 million
First published: 11-Oct-2023 08:22:01
The Second Special Opportunities Fund is managed according to a distinct investment strategy
He will continue to focus on capturing attractive opportunities in the Brazilian market
New York, United States / Abu Dhabi, United Arab Emirates: Mubadala Capital, the asset management company wholly owned by Mubadala Investment Company (“Mubadala”), announced the successful closing of its second flagship investment fund, the Special Opportunities Fund, in Brazil, with total commitments raised reaching More than $710 million from a diverse group of international investors, including prominent pension funds, family offices, corporate institutions, private equity funds and asset management companies from North America, Europe, the Middle East and Asia.
On this occasion, Oscar Valgren, Chief Investment Officer and Head of Investment Affairs in Brazil at Mubadala Capital, said: “The completion of our second major investment fund in Brazil is the culmination of a long track record of working and investing in Brazil that spanned ten years, during which our team gained great experience in evaluating and implementing investments.” complex against the backdrop of conditions that are not always favorable within the macroeconomic landscape.We are firmly convinced that our success in raising the required financing is conclusive evidence of the soundness of the followed investment strategy, which is characterized by stability, and is even a strong testimony to the expertise of our local investment team, which always works to achieve a positive return for the benefit of... “Our investors. There is no doubt that this would not have been possible without the support and support of our current and new partners who deposited their investments with us.”
The second private opportunities fund in Brazil will continue its strategy based mainly on investing and acquiring controlling ownership stakes in mature companies that face challenges or crises but have promising potential. This strategy allows the Fund to acquire these companies at attractive prices from the beginning, providing it with a margin of safety upon closing the deal by reducing the Fund’s vulnerability to economic changes in Brazil, including the depreciation of the currency, while at the same time preserving opportunities to benefit positively from economic growth. The Fund searches for opportunities that allow achieving positive value immediately after changing ownership of the company, which usually eliminates any complications and paves the way for achieving strong, risk-balanced returns for our investors.
It is worth noting that Mubadala Capital is the first sovereign investment fund to manage assets on behalf of other investment institutions. The company manages assets and investments with a total value estimated at approximately $20 billion through its own projects, in addition to investments it manages on behalf of other investment institutions, in various fields including private equity, solutions, emerging investments, and investment in Brazil. The growth of Mubadala Capital, as a global asset management company headquartered in Abu Dhabi and focused on international investment activities, is further evidence of the company’s pioneering approach to expanding the scope of its business, continuing to diversify its assets and investments, and reducing dependence on natural resources.
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About Mubadala Capital
Mubadala Capital is a specialized asset management company wholly owned by Mubadala Investment. It is a global sovereign investment company headquartered in Abu Dhabi. Mubadala Capital manages investments worth a total of approximately $20 billion across its own projects and investments managed on behalf of other institutional investors, including four private equity funds, three emerging investment funds, two funds in Brazil focused on special circumstances investments, as well as investments Consistent and diversified in private market opportunities, Mubadala Capital operates from offices in New York, San Francisco, London, Rio de Janeiro and Abu Dhabi. For more information, please visit: www.mubadalacapital.ae
© Press Release 2023
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