Mubadala raises French co-investment venture to €1 billion

ParisMubadala Investment, an Abu Dhabi sovereign wealth fund, will participate in a plan to invest €1 billion ($1.2 billion) in France. The plan extends an agreement signed in 2014 between Mubadala and CDC International Capital, a subsidiary of French public sector institution Caisse des Dépôts Group. Under the new scheme, the partners will increase the size of their co-investment venture from €300 million to €500 million, which will target long-term investments in sectors such as healthcare and education. In addition, Mubadala will participate in a €500 million co-investment venture alongside Bpifrance, which is co-owned by Caisse des Dépôts and the French government. This venture will invest in sectors such as computing and biotechnology through a combination of direct investments and venture capital funds. “This further confirms our positioning as a leading partner of sovereign wealth funds,” said Laurent Vigier, chief executive of CDC International Capital. The investment partnership was signed during the official visit of French president Emmanuel Macron to Abu Dhabi. ©2017 funds global mena

Executive Interviews

EXECUTIVE INTERVIEW: A natural interest in the topic

Mar 08, 2017

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

We’ll launch our first equity fund next year

Dec 08, 2016

Not many banks plant olive trees, but the Bank of Palestine has a social mission. It also has ambitious expansion plans, says chairman Hashim Shawa. He talks to George Mitton.



Mar 08, 2017

The move to a three-day settlement cycle, the appearance of new stock exchanges, and recent rules on hedge funds were discussed by our panel in Cape Town. Chaired by George Mitton.

ROUNDTABLE: Growing pains

Mar 08, 2017

Our panel in Qatar spoke about frustration with regulators, a shortage of listed companies and plans for a new financial city in Doha. Chaired by George Mitton.