Abu Dhabi – Mubasher: France-based Ardian will invest $2.5 billion in private equity funds run by Mubadala Capital, according to a press release.
This is the first time Mubadala has accepted capital from a third-party investor.
"This deal represents one of Ardian's largest transactions with a sovereign wealth fund," Ardian's head of funds and private debt, Vincent Gombault, said.
Ardian manages and advises assets worth $60 billion, while Mubadala manages more than $10 billion in assets.
