Mubadala Capital has transferred its flagship $25bn credit business onto its own platform, allowing outside investors to tap the portfolio for the first time. The move signals a shift from a single‑product private‑equity focus to a diversified global alternative asset manager that serves institutions, insurers, and private wealth.

Since launching its third‑party capital platform in 2017 and becoming an independent subsidiary in 2021, AUM has jumped from $20bn in 2022 to more than $600bn today. The firm has added the 2025 acquisition of CI Financial and formed alliances with Silver Rock Financial, Aldar Capital and Aquarian, broadening its reach across direct lending, real‑estate and infrastructure debt believer.

Leadership shifts accompany the transaction. Omar Eraiqat joins as Senior Partner and President, while Fabrizio Bocciardi heads Credit. On the board, Khaldoon Khalifa Al Mubarak becomes Chairman and Waleed Al Mokarrab Al Muhairi remains Vice Chairman, underscoring strong governance.

For investors, the opening grants direct exposure to a well‑diversified credit portfolio that has proven resilience. For corporate players, it demonstrates Mubadala’s intent to scale its credit capabilities and deepen its influence in global alternative markets.