Products
Integrations
Services
Company
FUNDRAISING NEWS | December 05, 2024
Abu Dhabi's Mubadala Capital said it has agreed to buy a 42% stake in Silver Rock Financial as part of a strategic partnership with the bi-coastal credit asset manager with over $10B of assets under management.
Mubadala Capital will pay consideration in a mixture of cash and stock. Under the agreement, Mubadala Investment's alternative asset management unit also holds the option to further grow its interest in Silver Rock to more than 50% in the future. The firm said it intends to invest more than $1B in Silver Rock funds over time.
Completion of the transaction is expected in the second quarter of 2025, subject to regulatory and legal approvals.
Source:
Written By: Dakota
December 02, 2024
September 30, 2024
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy