Abu Dhabi’s Mubadala to invest $2bn in partnership with Silver Lake

Abu Dhabi’s Mubadala to invest $2bn in partnership with Silver Lake

Mubadala is to invest $2bn with venture capital firm Silver Lake, as part of a 25-year investment strategy.

In addition, Mubadala has acquired a minority equity interest in Silver Lake. Mubadala acquired the minority equity interest in Silver Lake from Dyal Capital Partners through a secondary transaction. Dyal, a unit of Neuberger Berman, acquired a passive, non-voting equity interest of less than 10% in Silver Lake in 2016 and will retain roughly half of its original investment.

Mubadala and Silver Lake have collaborated in the past on investments such as Endeavor, Waymo (Alphabet's driverless technology company) and India-based Jio Platforms.

Mubadala began investing in technology firms in 2007, through a significant stake in AMD and later through the creation of GLOBALFOUNDRIES, the world's second-largest semiconductor manufacturing company.

Through partnerships,