June 21, 2018 12:38 PM ET

Capital Markets

Company Overview of Mubadala Development Company PJSC

Company Overview

Mubadala Development Company PJSC is a sovereign wealth fund of the Government of Abu Dhabi and specialize in buyout investments. The firm prefers to invest in consumer staples, consumer discretionary, energy, industrial and information and communication technology, telecommunication services, materials, healthcare, metals and mining, Financials, Alternative Investments, real estate, and utilities sectors. Within sectors, it prefers to invest in water utilities, independent power and renewable electricity producers, diamond mining, oil, gas and consumable fuels, petroleum and petroleum products, Petrochemicals, aerospace and defense services, air freight and logistics, transport, travel and ...

Mamoura A

Near Muroor (4th) Road & Mohammed

Bin Khalifa (15th) Street

P.O. Box 45005

Abu Dhabi,  

United Arab Emirates

Founded in 2002

Phone:

971 2413 0000

Fax:

971 2413 0001

Key Executives for Mubadala Development Company PJSC

Group CEO, MD, & Director
Group Chief Financial Officer
Age: 52
Deputy Group CEO, COO, & CEO of Alternative Investments, & Infrastructure
Age: 42
Executive Director of Energy and Industry and Chief Executive Officer of Mubadala Oil and Gas
Age: 60
Deputy Group CEO, & Chief Human Capital & Corporate Officer
Age: 49
Compensation as of Fiscal Year 2017.

Mubadala Development Company PJSC Key Developments

Mubadala Seeks To Sell Falcon Private Bank

Mubadala Development Company PJSC is struggling to sell its Falcon Private Bank Ltd, five sources told Reuters, as potential buyers are unwilling to pay up for a firm which is being investigated over alleged financial misconduct. A spokesman for Falcon said the bank is cooperating with the Office of the Attorney General (OAG) of Switzerland which opened criminal proceedings against Falcon in 2016. Banque Havilland carried out due diligence on Falcon earlier this year but negotiations fell through in early May, the sources said, speaking on condition of anonymity. Mubadala declined to comment, while Banque Havilland was not immediately available for comment.

Mubadala, Macquarie And Engie Reportedly Eyes Stake In Transportadora Associada de Gás

Transportadora Associada de Gás S.A. has received bids from ENGIE SA (ENXTPA:ENGI), Mubadala Development Company PJSC and Macquarie Group Limited (ASX:MQG), as part of a wider push to raise cash through divestments, people with knowledge of the matter said.

Mubadala Seeks Acquisitions

Mubadala Development Company PJSC plans to expand its real estate portfolio internationally by acquiring stakes in commercial properties through joint ventures, a top executive of the firm said on April 17, 2018. Mubadala also plans to monetize some of its UAE assets by setting up a REIT in 2019. “We have a couple of investments in the US in the office building, in retail portfolio in Germany and residential investments in the UK currently. Our strategy is to expand further and look at key cities in Europe, Asia and US for further investments,” said Executive Director Ali Eid Al Mheiri, of Mubadala Real Estate and Infrastructure without disclosing about the total investment. He said they are targeting cities like New York, San Francisco, Los Angeles in the US, London, Paris, Berlin, Munich in Europe, Singapore and Shanghai in Asia for further acquisitions to boost their portfolio. “We have a clear strategy to diversify our portfolio and we need to think real estate as a global platform. Most of our investments are in then UAE, and we want to balance our UAE investments with international investments”. The company unveiled new plans in business and residential segment at Cityscape Abu Dhabi. It introduced plug-and-play concept at Al Maryah Island that gives prospective businesses an opportunity to take on fully-fitted, furnished private micro-offices available on flexible short-term leases. The firm also said apartments are now available for sale at Rosewood Abu Dhabi and Four Seasons hotels.

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