Mubadala Commits $1 Billion to Blue Owl’s Credit Technology Platform

  • Investment to initially focus on firm’s tech lending strategy
  • Deal highlights growing interest from Middle East wealth funds
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Abu Dhabi wealth fund Mubadala Investment Co. has formed a strategic partnership with private credit heavyweight Blue Owl Capital, committing $1 billion to the firm’s credit platform.

The investment will initially go toward Blue Owl’s technology lending strategy, which provides financing to technology and software companies, according to a Monday press releaseBloomberg Terminal.